#XRPETFs 🔹 ProShares to Launch XRP Futures ETFs

ProShares has received approval from the U.S. Securities and Exchange Commission (SEC) to launch three XRP futures ETFs, scheduled to go live on April 30, 2025. This marks a significant milestone for XRP-related investment products in the United States. 

⸻

🔹 Spot XRP ETFs: Global Progress and U.S. Outlook

Brazil’s Approval:

Hashdex has launched the first XRP spot ETF in Brazil, signaling potential global expansion for XRP ETFs. 

U.S. Applications:

Several firms, including Bitwise, Grayscale, 21Shares, and Canary, have filed applications for spot XRP ETFs in the U.S. The SEC’s decision deadlines for these filings range from May to October 2025.  

⸻

🔹 Legal Developments Impacting ETF Approvals

The ongoing legal case between Ripple and the SEC plays a crucial role in the approval process for XRP ETFs. A favorable settlement or the SEC withdrawing its appeal could pave the way for spot XRP ETF approvals in the U.S.  

⸻

🔹 Market Implications

Analysts suggest that the launch of XRP futures ETFs and potential approval of spot ETFs could increase institutional demand for XRP, possibly driving its price toward previous highs. However, delays in legal resolutions or ETF rejections could lead to price declines.