#XRPETFs This week, ProShares, an issuer of exchange-traded funds (ETFs), will introduce three products tracking XRP, following the silent approval of the U.S. Securities and Exchange Commission (SEC).

It will launch the Ultra XRP ETF (2x leverage), Short XRP ETF, and Ultra Short XRP ETF (-2x leverage), documents show. However, there have been no movements regarding its spot XRP ETF. Meanwhile, the SEC has already acknowledged several applications for a spot XRP ETF, and the fund manager Grayscale is facing a critical application submission deadline of May 22.