#XRPETF

The U.S. SEC has approved ProShares Trust’s XRP Futures ETFs, set to launch on April 30, 2025, marking a major milestone for XRP as one of the first altcoins beyond Bitcoin and Ethereum to get ETF approval. ProShares will offer three ETFs — UltraShort XRP, Ultra XRP, and Short XRP — providing leveraged and inverse exposure without holding XRP directly. Following the news, XRP’s price surged above $2.20. Although this approval is for futures ETFs, a spot XRP ETF could emerge depending on Ripple’s ongoing legal case with the SEC, signaling increased regulatory acceptance and potential growth in XRP adoption and liquidity.