#XRPETF XRP ETF news is heating up. ProShares is set to launch three XRP Futures ETFs on April 30, offering investors exposure to XRP price trends without directly holding the token. These ETFs include ¹:

- *ProShares UltraShort XRP ETF*: Designed for investors betting against XRP's price

- *ProShares Ultra XRP ETF*: Aimed at investors seeking amplified exposure to XRP's price movements

- *ProShares Short XRP ETF*: For investors looking to short XRP

The launch reflects growing regulatory acceptance of XRP as an asset class. However, XRP-spot ETF approvals may hinge on the SEC withdrawing its appeal and a favorable Ripple case settlement. Key developments include ¹:

- *SEC Appeal Withdrawal*: The SEC has agreed to drop its appeal without conditions, and Ripple will drop its cross-appeal

- *Settlement*: The SEC will keep $50 million of the $125 million fine, and Ripple will receive the balance

- *Potential Price Impact*: A favorable settlement and ETF approvals could drive XRP's price toward $5, while delays or rejections might see a retreat to $1.50

Some existing XRP ETPs (Exchange-Traded Products) include ²:

- *21Shares XRP ETP*: Tracks the value of Ripple (XRP) with a total expense ratio of 2.50% per annum

- *Bitwise Physical XRP ETP*: Offers full replication with a TER of 1.95% per annum

- *WisdomTree Physical XRP*: Provides full replication with a TER of 0.50% per annum

The current price of XRP is around $2.24, with a 2.16% increase in the last 24 hours ³.