#XRPETF The #XRPETF hashtag likely refers to the recent approval of a futures-based XRP exchange-traded fund (ETF) by ProShares Trust. Here's what's happening ¹ ²:

- *ProShares XRP ETF Launch*: The Securities and Exchange Commission (SEC) has approved the launch of ProShares Trust's XRP ETF, set to go live on April 30, 2025. This ETF will offer leveraged and inverse exposure to XRP's price movements.

- *Futures-Based vs. Spot ETF*: It's essential to note that this is a futures-based ETF, not a spot ETF. A futures-based ETF tracks the price of XRP futures contracts, whereas a spot ETF would track the price of XRP itself.

- *Available ETFs*: There are existing XRP ETPs (Exchange-Traded Products) available, such as the 21Shares XRP ETP, which tracks the performance of XRP. This ETP is listed on various exchanges, including the Swiss Exchange and XETRA.

- *Current XRP Price*: XRP is currently trading at $2.24, with a 2.10% increase in the last 24 hours.

Some key details about existing XRP ETPs:

- *21Shares XRP ETP*:

- *Ticker*: AXRP

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