#XRPETF ProShares to Launch XRP Futures ETFs: ProShares plans to launch three XRP futures ETFs on April 30, 2025. These are: ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF. These ETFs will provide investors exposure to XRP price trends without the need to hold the token directly.
* Speculation on Spot ETFs: There is growing optimism in the crypto community about the possible approval of a spot ETF for XRP. Many believe that a favorable resolution of the Ripple case against the SEC and increasing regulatory acceptance could pave the way for these products.
* Teucrium's Approval of a Leveraged XRP ETF: Recently, Teucrium launched the first leveraged ETF linked to XRP in the U.S., with the ticker XXRP. This ETF aims to provide double the daily returns of XRP.
* Coinbase Launches XRP Futures: Coinbase has launched a regulated futures product for XRP, which is considered a positive step toward greater regulatory clarity and could favor the approval of a spot ETF.
* SEC Deadlines: The SEC has deadlines to respond to various XRP ETF applications, with an important date being May 22 for the response to Grayscale's application.
* Flow Predictions: JPMorgan analysts predict that XRP ETFs could attract up to $8 billion in investment flows in the first year after their approval.
In summary: While there is still no spot ETF for XRP approved in the U.S., the launch of futures ETFs by ProShares and Teucrium's leveraged ETF are significant developments. Overall sentiment is increasingly optimistic about the potential approval of a spot ETF in the future, especially with Ripple's legal advancements and a potentially more favorable stance from the SEC.