XRP Makes Major Strides in ETF Market**

The U.S. Securities and Exchange Commission (SEC) has officially approved ProShares to launch three XRP futures ETFs on April 30, 2025: the **UltraShort XRP ETF**, **Ultra XRP ETF**, and **Short XRP ETF**. These products offer investors leveraged exposure to XRP’s price movements and represent a significant milestone for crypto-based investment vehicles in the U.S.

This approval follows the successful debut of **Teucrium’s 2x Long Daily XRP ETF** on April 8. Meanwhile, on the international stage, Brazil's **Hashdex** has launched the **world’s first spot XRP ETF**, signaling growing global recognition of XRP.

In the U.S., **Bitwise** has filed for a spot XRP ETF, with analysts estimating an **81% chance of approval** before the end of the year.

These developments have fueled market optimism, with **XRP currently trading at $2.34**, reflecting a **7.34% gain**. As the XRP ETF landscape rapidly evolves, investors are closely watching regulatory movements that could further drive adoption and price momentum.

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