The SEC of the U.S. has approved ProShares Trust to launch several futures ETFs related to XRP, but no spot XRP ETF, with an effective date of April 30, 2025. The approved products include ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF, designed to provide leveraged and inverse exposure based on the futures prices of $XRP

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