#XRPETFs
ETF XRP: A New Era
ProShares has received approval from the SEC to launch three ETFs based on XRP, expected to debut on April 30, 2025. These ETFs offer different types of exposure to the price volatility of XRP:
Ultra XRP ETF:
Designed to provide 2x exposure to daily price changes of XRP.
Short XRP ETF:
Designed to provide -1x inverse exposure, allowing investors to profit when the price of XRP decreases.
Ultra Short XRP ETF:
Provides -2x inverse exposure to the decline in the price of XRP.
These ETFs do not hold XRP directly but use futures contracts to reflect the price action of this cryptocurrency.