#XRPETFs

The ProShares XRP futures ETFs are set to launch tomorrow, April 30, 2025, marking a significant milestone for XRP adoption in traditional finance. The SEC has approved three ETFs: Ultra XRP (2x leverage), Short XRP (1x inverse), and Ultra Short XRP (2x inverse), allowing traders to speculate on XRP's price movements without holding the asset directly .

XRP's price has shown strength ahead of the launch, rising 7% recently to $2.32, with traders eyeing a breakout above $2.40 and $2.60 resistance levels . The ETFs are expected to attract institutional interest, though their impact may be tempered since they track futures rather than spot prices .

Market sentiment remains bullish, fueled by Ripple’s legal clarity and growing global adoption, including Brazil’s spot XRP ETF and upcoming CME XRP futures . Analysts warn of potential volatility post-launch but see long-term upside if spot ETF approvals follow .