#XRPETFs
The US Securities and Exchange Commission (SEC) has approved ProShares' XRP futures-based exchange-traded funds (ETFs), marking a significant milestone for XRP adoption in the US financial market. Here's what you need to know¹:
XRP ETFs Approved by SEC
- *Ultra XRP ETF*: Offers 2x leverage, amplifying gains in XRP's price movements
- *Short XRP ETF*: Provides inverse (-1x) leverage, allowing investors to profit from XRP's price declines
- *Ultra Short XRP ETF*: Offers inverse (-2x) leverage, maximizing gains in XRP's price drops
Key Details
- These ETFs