#XRPETFs ProShares received SEC approval to launch three XRP futures ETFs on April 30: Ultra XRP (2x leverage), Short XRP (-1x leverage), and Ultra Short XRP (-2x leverage). These futures-based ETFs track the price movements of XRP, offering exposure to investors without direct ownership of the token. This follows the previous launch of Teucrium's 2x XRP ETF and Brazil's approval of Hashdex's first spot XRP ETF. While these developments signal growing institutional interest and positively impact the price of XRP, the market is still awaiting potential approvals for spot XRP ETFs in the U.S., with final deadlines expected by October 2025.$XRP
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