#XRPETFs

SEC approves ProShares XRP ETF fund application

The U.S. Securities and Exchange Commission (SEC) has officially approved the futures XRP ETF of ProShares Trust, which includes three separate ETF products, according to information from Fxempire cited by ChainCatcher. These products include ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF, aimed at providing investors the opportunity to access the price volatility of XRP without directly holding the XRP token.