On April 30, 2025, a list of futures contracts for XRP currency will be established after receiving implicit approval from the U.S. Securities and Exchange Commission (SEC). These funds, which include Ultra XRP ETF (with double leverage), Short XRP ETF, and Ultra Short XRP ETF (with inverse double leverage), track the price of Ripple XRP, but do not hold it directly. The SEC did not object to the funds during the review period, allowing ProShares to proceed with the launch process.

This announcement follows the earlier launch of the Teucrium Investment Advisors LLC ETF for trading XRP, which became the first exchange-traded fund focused on XRP in the United States earlier this month. The Teucrium fund also provides an income-generating investment in XRP without the need to own the token directly, representing a new achievement in the field of cryptocurrency investment.