ProShares is set to launch three XRP Futures ETFs on April 30, 2025, offering investors exposure to XRP price trends without directly holding the token. These ETFs are:
- *ProShares UltraShort XRP ETF*: Providing inverse exposure to XRP
- *ProShares Ultra XRP ETF*: Offering leveraged exposure to XRP
- *ProShares Short XRP ETF*: Providing short exposure to XRP
This development reflects growing institutional interest in XRP and could pave the way for XRP-spot ETF approvals, pending a favorable Ripple case settlement and potential SEC appeal withdrawal. XRP's price recently gained 0.42%, closing at $2.1916, with potential targets of $3.5505 or $5 in the long term. The SEC's settlement with Ripple, where the agency will keep $50 million of the $125 million fine, may also impact XRP's price trajectory.
