$XRP 1. Approved XRP Futures ETF Details

1. Product Types

The three ETFs launched by ProShares are:

◦ Ultra XRP ETF (2x leverage): Provides 2x daily positive returns on XRP price, suitable for bullish aggressive investors.

◦ Ultrashort XRP ETF (inverse 2x leverage): Provides 2x daily negative returns on XRP price, suitable for bearish high-risk strategies.

◦ Short XRP ETF (inverse 1x leverage): Provides 1x negative returns on XRP price, suitable for hedging or conservative shorting.

2. Listing Time and Mechanism

◦ Scheduled to be listed on April 30, investors can participate in trading through traditional stock accounts without needing to directly hold XRP.

◦ The fund tracks the XRP price through cash-settled futures contracts on the CME (Chicago Mercantile Exchange), with an annual management fee rate of 0.95%.