On April 27, the US SEC approved three futures ETFs of ProShares Trust for XRP: ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF, which will provide investors with a way to gain exposure to price movements without directly holding XRP tokens.
ProShares Ultra XRP ETF: Aims to provide twice the return of XRP futures prices.
ProShares UltraShort XRP ETF: Aims to provide twice the inverse return of XRP futures prices.
ProShares Short XRP ETF: Aims to provide the inverse return of XRP futures prices.