#XRPETF
XRP ETFs are exchange-traded funds that track the price of XRP, the native cryptocurrency of the Ripple network. Here are some key developments related to XRP ETFs¹ ² ³:
- *ProShares XRP ETFs*: 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 include:
- *ProShares UltraShort XRP ETF*: designed for investors betting against XRP's price
- *ProShares Ultra XRP ETF*: for investors seeking amplified exposure to XRP's price movements
- *ProShares Short XRP ETF*: for investors looking to profit from a decline in XRP's price
- *XRP Spot ETF*: The first-ever XRP spot ETF debuted on Brazil's main stock exchange, providing investors with direct exposure to XRP's price movements.
- *21Shares XRP ETP*: 21Shares offers a physically backed XRP ETP (Exchange-Traded Product) with a total expense ratio of 2.50% per annum. This product tracks the value of Ripple (XRP) and is available on various exchanges, including Euronext Amsterdam, Euronext Paris, and SIX Swiss Exchange.
The approval and success of XRP ETFs depend on various factors, including:
- *SEC Appeal Withdrawal*: The US Securities and Exchange Commission's (SEC) decision to withdraw its appeal in the Ripple case could positively impact XRP-spot ETF approvals.
- *Ripple Case Settlement*: A favorable settlement in the Ripple case could boost investor confidence and drive XRP's price higher.
- *Regulatory Clarity*: Clear regulations and guidelines from authorities like the SEC will be crucial for the growth and adoption of XRP ETFs.
