#XRPETFs XRP ETFs are exchange-traded funds that track the price of XRP, the native token of Ripple Labs. Here are some key points about XRP ETFs ¹ ²:

- *Approved XRP Futures ETFs*: The US SEC has approved ProShares' launch of XRP Futures ETFs on April 30, which will track XRP price movements without allowing users to buy the token directly.

- *Types of XRP ETFs*: ProShares has proposed three XRP-linked ETFs, including:

- *Ultra XRP ETF*: With 2x leverage, amplifying gains and losses.

- *Short XRP ETF*: With inverse (-1x) leverage, betting against XRP's price.

- *Ultra Short XRP ETF*: With inverse (-2x) leverage, amplifying losses.

- *Existing XRP ETFs*: Teucrium's XRP futures ETFs began trading on the New York Stock Exchange on April 8.

- *Spot XRP ETF*: