#XRPETFs Futures ETFs Approved:

* The U.S. Securities and Exchange Commission (SEC) has approved three futures-based XRP ETFs from ProShares:

* Ultra XRP ETF (2x leverage)

* Short XRP ETF (1x inverse leverage)

* Ultra Short XRP ETF (2x inverse leverage)

* These ETFs are not spot ETFs, meaning they track XRP futures contracts rather than holding the underlying XRP.

* They are set to launch on Wednesday, April 30, 2025.

* This follows the launch of Teucrium's 2x XRP ETF earlier in April.

Market Reaction:

* The news of the ProShares futures ETFs led to a price increase for XRP.

Spot ETF Still Pending:

* While the futures ETFs are a significant step, the market is still awaiting the approval of a spot XRP ETF.

* Several firms, including Grayscale, Bitwise, and WisdomTree, have filed applications for spot XRP ETFs.

* The final deadline for the SEC's decision on some of these applications, including Grayscale's, is around mid-October 2025.

* Market analysts believe that the approval of a spot ETF would be a major catalyst for further price appreciation of XRP.