#XRPETFs

ProShares has received approval from the U.S. Securities and Exchange Commission to launch three exchange-traded funds based on XRP futures contracts.

Launch Date: These funds are scheduled to begin trading on April 30, 2025.

Types of Funds: These funds include:

Ultra XRP ETF: Aims at investors looking to benefit from movements in the price of XRP.

Ultra Short XRP ETF: Provides inverse exposure to movements in the price of XRP.

Nature of the Funds: It is important to emphasize that these funds are based on futures contracts and not on actual ownership of XRP. They provide a regulated way for investors to gain exposure to the price volatility of XRP without needing to own the digital currency itself.