#XRPETFs

*The U.S. Securities and Exchange Commission (SEC) has approved the launch of XRP futures ETFs by ProShares Trust.

*These ETFs include the ProShares Ultra XRP ETF (2x leverage), the ProShares Short XRP ETF (-1x leverage), and the ProShares UltraShort XRP ETF (-2x leverage).

*The effective launch date for these futures ETFs is Wednesday, April 30, 2025.

*It's important to note that these are futures-based ETFs, providing exposure to XRP price movements through futures contracts rather than direct ownership of XRP.

In summary, while the US has approved the launch of XRP futures ETFs, the highly anticipated spot XRP ETF is still awaiting regulatory approval. Brazil has taken the lead by launching the world's first spot XRP ETF. The market remains optimistic about the potential for XRP ETFs to drive further adoption and investment in the cryptocurrency.