#AirdropFinderGuide ProShares receives SEC approval for XRP ETF.

The U.S. Securities and Exchange Commission (SEC) has approved ProShares to launch a futures trading fund for XRP (ETF), marking an important moment for the XRP community just weeks after the legal battle between Ripple and the SEC officially concluded.

ProShares, known for its Bitcoin-linked ETFs, plans to launch three XRP products on April 30: Ultra XRP ETF (providing 2x leveraged exposure to XRP price), Short XRP ETF (providing -1x inverse exposure), and Ultra Short XRP ETF (providing -2x inverse exposure). According to filings, all three funds will track the price of XRP through the XRP Index.

_Excerpt from The Crypto Times.