#XRPETF $XRP According to Odaily, cryptocurrency journalist Eleanor Terrett reported on platform X that the three ProShares XRP exchange-traded funds are not spot products; instead, they are requests for futures and leveraged/inverse products. Unlike spot products, these do not require explicit 'approval' from the U.S. Securities and Exchange Commission (SEC). They become effective as long as the commission does not raise any objections during a certain period after the application is submitted.