#XRPETFs ProShares is set to launch three XRP futures ETFs on April 30th, following the SEC's tacit approval. These include the Ultra XRP ETF (2x leverage), the Short XRP ETF (-1x leverage), and the UltraShort XRP ETF (-2x leverage), offering investors various ways to engage with XRP's price movements without direct ownership. This development follows Teucrium's recent launch of the first US XRP ETF.
Meanwhile, Hashdex has launched the first spot XRP ETF in Brazil, signaling a potential global expansion for such products. Although the SEC has not yet approved spot XRP ETFs in the US, these futures ETFs are seen as a positive step, potentially paving the way for increased institutional interest in XRP.