๐๏ธ๐ ProShares to Launch New XRP ETFs Following SEC Greenlight๐๐๏ธ
ProShares is set to introduce three XRP-focused ETFs on April 30 after securing approval from the SEC.
The offerings include an Ultra XRP ETF (2x leveraged long), a Short XRP ETF (unleveraged short), and an Ultra Short XRP ETF (2x leveraged short).
While these are not spot ETFs, they mark another step forward for XRP exposure, echoing previous XRP futures launches at CME and Teucrium.
Meanwhile, XRP has surged 6.8%, currently trading around $2.32.
Investors are reminded that cryptocurrency markets remain highly volatile and risky.
