#XRPETF The excitement around a potential XRP Exchange Traded Fund (ETF) is definitely building! Here's a breakdown of the recent news:
What's Happening Now:
* ProShares XRP Futures ETFs Launching Soon: The SEC has approved the public launch of ProShares Trust's XRP-focused ETFs on April 30, 2025. These are futures ETFs, meaning they track the price of XRP futures contracts, not the spot price of XRP directly. There will be three: ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF.