#XRPETF Key News on XRP ETFs:
ProShares will launch 3 XRP futures ETFs in the U.S. on April 30, 2025. These will offer leveraged (2x) and short (-1x, -2x) exposure to XRP futures. They will be the second, third, and fourth ETFs linked to XRP in the U.S. Teucrium launched the first one in April. The XRP spot ETF in the U.S. is still awaiting SEC approval. Companies like Grayscale and 21Shares also have applications. Brazil already has the world's first XRP spot ETF, launched by Hashdex. CME Group will also launch XRP futures on May 19, indicating institutional interest. The news of ProShares' futures ETFs seems to have boosted the price of XRP.
In summary: The approval of futures ETFs in the U.S. is a significant advancement for XRP, although the spot ETF is still pending. Brazil already has one. Institutional interest in XRP is growing.