#XRPETFs **ProShares XRP ETFs Approved: Key Details in 100 Words**

The SEC has greenlit three XRP futures ETFs by ProShares, launching April 30:

- **Ultra XRP ETF** (2x leverage), **Short XRP ETF** (-1x), and **Ultra Short XRP ETF** (-2x) . These track XRP futures, not the token directly, offering leveraged/inverse exposure .

This follows Teucrium’s 2x XRP ETF debut (April 8) and Ripple’s March legal victory over the SEC, which boosted regulatory clarity . XRP’s price rose 3.5% post-announcement, trading at ~$2.27 . Spot XRP ETFs (e.g., Grayscale’s) remain pending, with a critical SEC decision due May 22 . Institutional interest grows as CME prepares XRP futures .