#XRPETFs XRPETFs April 28, 2025 The U.S. Securities and Exchange Commission (SEC) approved the launch of three futures ETFs on XRP from ProShares. The Ultra XRP ETF (with 2x leverage), Short XRP ETF, and Ultra Short XRP ETF (with -2x leverage) will start trading on April 30. These products provide investors with the opportunity to profit from both the rise and fall of XRP prices without owning the token itself.   

The SEC's approval became possible after the completion of a years-long legal battle between Ripple and the regulator in March, which reduced regulatory risks for XRP. Earlier in April, Teucrium launched the first XRP ETF in the U.S., and Brazil approved the first spot XRP ETF from Hashdex. Investors are hoping for the approval of spot XRP ETFs in the U.S. by October 2025.