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

*Key Developments*

- *ProShares XRP ETF Launch*: The 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 XRP ETPs*

- *21Shares XRP ETP*: This ETP tracks the performance of XRP and