SEC has approved ProShares Trust to launch a series of XRP ETFs, set to take effect on April 30, 2025. The products include ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF, offering leveraged and inverse exposure to XRP price movements. While not a spot ETF, this marks a major step for XRP-related investment products in the U.S. market. ProShares Trust continues expanding into digital assets.

Source: https://www.sec.gov/Archives/edgar/data/1174610/000168386325003520/f41642d1.htm