#XRPETFs ProShares received unofficial approval from the U.S. Securities and Exchange Commission (SEC) to launch three exchange-traded funds (ETFs) based on futures contracts for XRP, dated April 30, 2025.
These funds include:
• Ultra XRP ETF (High Leverage)
• Short XRP ETF (Short Selling)
• Ultra Short XRP ETF (Intensive Short Selling)
It allows investors to profit (or lose) from XRP price movements through financial derivatives, without needing to own the currency itself.
Additionally, Teucrium recently launched a 2x Long Daily XRP ETF, which achieved over $5 million in trading volume on its first day, making it the most successful fund launch in the company's history to date.
🌎 Brazil launches the world's first direct (Spot) investment fund for XRP.
In a pioneering move, Brazil approved the world's first direct (ETF) investment fund for XRP under the name XRPH11 by Hashdex.
This fund differs from futures contracts funds, as it holds the XRP currency itself, providing direct exposure to the cryptocurrency without the mediation of derivatives.
🔮 Predictions about direct investment funds for XRP in the United States.
Recent developments indicate increasing optimism about the potential approval of direct investment funds (Spot ETFs) for XRP within the United States.
Experts link this to what happened previously with Bitcoin and Ethereum, where futures contracts were first launched, and then direct funds were later approved.
Currently, applications have been submitted by companies such as Grayscale and 21Shares awaiting the regulatory body's decision, with final rulings expected by October 2025.
