#XRPETFs SEC approves ProShares' XRP ETF fund

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