SEC approves three ProShares XRP futures ETFs to be listed on April 30, 2025
According to BlockBeats, on April 27, the U.S. SEC approved three XRP futures ETFs from ProShares Trust: ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF.The ProShares Ultra XRP ETF seeks to provide a return twice as high as the XRP futures price. The ProShares UltraShort XRP ETF seeks to provide a return twice as high as the inverse of the XRP futures price. The ProShares Short XRP ETF seeks to provide a return inverse to the XRP futures price.These three futures ETFs are scheduled to be officially listed and traded on April 30, 2025.