The SEC's approval drives new futures products for XRP. The newly approved ProShares Trust XRP futures ETFs, sanctioned by the U.S. SEC, offer investors exposure to XRP price fluctuations without needing to own the token. These ETFs include UltraShort XRP, Ultra XRP, and Short XRP. The launch aims to enhance institutional access to cryptocurrency derivatives, emulating ProShares' previous success with the Bitcoin ETF. Anticipation for a potential spot XRP ETF is growing, fueled by increasing investor interest, as noted by Nate Geraci of ETF Store. The possible approval of a spot XRP ETF is expected soon, as interest rises among investors and issuers. — Nate Geraci, President of ETF Store. Market analysts highlight XRP's growing advantage, surpassing Solana in ETF market activity. Community optimism is high, as evidenced by bets favoring the approval of spot ETFs. Industry experts speculate on the future prospects of spot ETFs in this changing landscape.
