XRP ETFs are gaining traction. ProShares has received SEC approval to launch three XRP futures-based ETFs on April 30, 2025:

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

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

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

These ETFs will allow traders to bet on XRP's price movements without directly owning the cryptocurrency. This move is expected to boost institutional interest in XRP and potentially increase its price. XRP's current price is around $2.30, with a 3.61% increase in the past day.

Other XRP ETFs include¹ ² ³:

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

- *Grayscale XRP Trust (XRX)*: A closed-end fund providing indirect exposure to XRP

The approval of XRP ETFs reflects growing momentum in the cryptocurrency market, with experts predicting increased institutional adoption and potential price growth. The SEC is still reviewing applications for spot XRP ETFs, with final deadlines between April and October 2025.⁴