#xrpetf
Big News: ProShares Gets the Go-Ahead for Three New XRP ETFs!
ProShares, a company that creates special trading products, just got the green light from the U.S. SEC (the big financial boss) to launch three new XRP ETFs.
Here’s what’s coming:
Ultra XRP ETF (goes up twice as much when XRP rises)
Short XRP ETF (makes money when XRP falls)
Ultra Short XRP ETF (makes double the money when XRP falls)
This exciting move happened after Ripple (the company behind XRP) finished its long court fight with the SEC.
Other important points:
ProShares' new ETFs are starting this week.
No news yet about a regular XRP ETF (where you buy XRP directly).
Earlier this month, Teucrium launched the first XRP ETF and it did really well — $5 million traded on day one!
CME Group is also adding XRP futures next month, along with Bitcoin, Ethereum, and Solana futures.
XRP fans, it’s a big time for you!