ProShares to launch 2x leveraged and short XRP ETFs on April 30.
SEC’s approval excludes spot XRP ETFs, still under review.
Teucrium launched the first XRP futures ETF earlier this month.
ProShares will debut three XRP futures-based exchange-traded funds(ETFs) on April 30, 2025. These ETFs will track the price of XRP and provide investors with leveraged and inverse exposure to XRP. The three ProShares ETF products comprise the Ultra XRP ETF with 2x leverage, the Short XRP ETF and the Ultra Short XRP ETF with -2x leverage.
The approval of these exchange-traded funds(ETFs) marks an important step in the U.S. markets. ProShares submitted its applications in January and received implicit approval. The ETFs will launch as scheduled because the SEC has not submitted any objections.
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ProShares XRP Futures ETFs Set for April 30 Launch in U.S. 3
