#XRPETF Quiz ๐ง ๐
Big news! The U.S. Securities and Exchange Commission (SEC) has approved the launch of three XRP futures-based exchange-traded funds (ETFs) by ProShares Trust, set to debut on April 30, 2025.
Test your knowledge:
1. What types of XRP ETFs are launching?
A) Spot ETFs
B) Futures-based ETFs
C) Commodity ETFs
D) Bond ETFs
2. Which company is launching these XRP ETFs?
A) Teucrium
B) ProShares Trust
C) Bitwise
D) 21Shares
3. When are the ProShares XRP ETFs scheduled to launch?
A) April 28, 2025
B) April 30, 2025
C) May 1, 2025
D) June 15, 2025
4. What is the current price of XRP?
A) $1.50
B) $2.00
C) $2.25
D) $3.00
Answers:
1. B) Futures-based ETFs
2. B) ProShares Trust
3. B) April 30, 2025
4. C) $2.25
These ETFs will provide investors with exposure to XRP price movements through futures contracts, offering options like 2x leverage and inverse (-1x and -2x) strategies.
Stay tuned for more updates on XRP and the evolving crypto ETF landscape!
