Breaking: SEC Approves April 30 Launch for XRP ETFs
The U.S. Securities and Exchange Commission (SEC) has officially approved ProShares Trust’s XRP ETF offerings, setting April 30, 2025, as the effective launch date. A newly filed Form N-1A reveals that multiple XRP-focused ETFs will be included in the rollout.
The registration update clarifies that the amendment sets a new effective date for a previously submitted filing concerning the ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF. According to the SEC filing, the amendment was made specifically to establish the April 30 launch date.
ProShares Trust’s principal executive offices are based in Bethesda, Maryland, with ProShare Advisors LLC acting as the investment advisor. Richard Morris of ProShare Advisors is named as the agent for service, with legal support provided by Dechert LLP in New York.
