#XRPETFs In a development that could reform XRP's position in traditional finance, the U.S. Securities and Exchange Commission (SEC) has approved ProShares' proposal to list XRP futures ETFs.

The listing is expected to occur on April 30, and the new funds could provide investors with a new regulated way to capitalize on or bet against the erratic currents of the third-largest asset in cryptocurrencies.

Market responses have been swift. XRP rose to $2.32 in early trading on April 28, a 6.5% increase, according to CoinMarketCap. Its market capitalization reached $135.6 billion, with trading volume increasing by more than 172% in the last 24 hours.