#XRPETF The U.S. Securities and Exchange Commission (SEC) has approved ProShares Trust’s XRP futures ETFs, with the public launch scheduled for April 30, 2025. This marks a significant milestone for XRP, offering investors regulated exposure to the cryptocurrency through futures-based exchange-traded funds (ETFs).
Key Details:
ProShares XRP Futures ETFs: ProShares will launch three XRP futures ETFs: ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF. These ETFs provide leveraged and inverse exposure to XRP's price movements without requiring direct ownership of the token .
SEC Approval: The SEC's approval of these futures-based ETFs indicates a growing regulatory acceptance of XRP as an asset class. However, it's important to note that these are not spot ETFs, which directly hold the underlying