#XRPETFs XRP ETFs have become a significant topic following recent developments. ProShares is set to launch three XRP futures ETFs this week, with trading expected to begin on April 30th. These include leveraged and short XRP ETFs, offering investors varied exposure to XRP price movements. This follows the launch of the first-ever US-listed XRP ETF by Teucrium earlier in April, which provides leveraged exposure.
Interestingly, Brazil has already launched the world's first spot XRP ETF. While the US SEC has approved futures-based XRP ETFs, applications for spot XRP ETFs from firms like Grayscale and Bitwise are still under review, with deadlines approaching in the coming months. These developments signal growing institutional interest in XRP and could pave the way for broader market accessibility.