#XRPETFs XRP ETFs are exchange-traded funds that track the price of XRP, the cryptocurrency used by Ripple for cross-border payments. Here are some key developments related to XRP ETFs ¹ ² ³:

- *ProShares XRP ETFs*: ProShares has received approval from the SEC to launch three XRP futures-based ETFs:

- *Ultra XRP ETF*: Offers 2x leveraged exposure to XRP's daily price movements

- *Short XRP ETF*: Provides -1x inverse exposure

- *Ultra Short XRP ETF*: Delivers -2x inverse leverage

- *Launch Date*: These ETFs are set to debut on April 30, 2025

- *Spot XRP ETFs*: The SEC is reviewing several applications for spot XRP ETFs, with potential approval deadlines between April and October 2025

- *Grayscale's Decision Deadline*: Grayscale's spot XRP ETF application has a decision deadline set for May 22, 2025

- *Industry Impact*: Approval of XRP ETFs could lead to increased demand and liquidity for XRP, potentially driving up its price

Some notable XRP ETPs (Exchange-Traded Products) are already available in other markets ⁴ ⁵ ⁶:

- *21SHARES XRP ETP*: Listed on exchanges in Switzerland, Netherlands, and Germany, with varying prices and currencies

- *Trading Platforms*: These ETPs allow investors to gain exposure to XRP's price movements without directly holding the cryptocurrency

Keep an eye on regulatory developments and market trends for further updates on XRP ETFs ⁷.