#XRPETFs !Historic! The first XRP futures ETFs launched in the United States

In an unprecedented move, the U.S. Securities and Exchange Commission (SEC) approved the launch of the first exchange-traded funds (ETFs) based on XRP futures. ProShares will be the pioneering company, with three ETFs ready to start trading on April 30, 2025: the ProShares Ultra XRP ETF, the ProShares Short XRP ETF, and the ProShares UltraShort XRP ETF.

This news has generated great excitement in the crypto community, interpreted as a significant step towards institutional adoption of XRP. While these first ETFs are based on futures, many hope this will be the prelude to the eventual approval of spot XRP ETFs. The price of XRP has experienced a notable increase following the announcement, reflecting market optimism regarding this new investment avenue.