Richard Morris ProShare Advisors LLC 7272 Wisconsin Avenue, 21st Floor Bethesda, MD 20814 (Name and Address of Agent for Service)
with a copy to: Allison M. Fumai, Esq. Mark D. Perlow, Esq. Dechert LLP 1095 Avenue of the Americas New York, NY 10036
Summary of the purpose of this document: This is a form submitted to the United States Securities and Exchange Commission (SEC) for the registration of a new investment product from ProShares Trust. They seek to have their product made available to the public, with an effective plan to take effect on April 30, 2025.
Good news for the XRP community! The U.S. Securities and Exchange Commission (SEC) has approved the launch of three futures-based XRP Exchange-Traded Funds (ETFs) by ProShares Trust, which are scheduled to begin trading on April 30, 2025.  
Details of the Launched ETFs
ProShares will launch the following three ETFs: • ProShares Ultra XRP ETF: Provides 2x leveraged exposure to XRP price movements. • ProShares Short XRP ETF: Designed to profit when the price of XRP falls. • ProShares UltraShort XRP ETF: Provides 2x leveraged exposure to declines in XRP price.
These three ETFs allow investors to gain exposure to XRP price movements without having to hold the tokens directly. 
Impact on XRP Price and Adoption
This announcement has driven the price of XRP up by more than 1.5%, reaching around $2.23. The launch of these ETFs is seen as an important step toward broader institutional adoption of XRP. 
Prospects for XRP Spot ETFs
Although the ETFs being launched are futures-based, there is hope that this could pave the way for the approval of XRP spot ETFs in the future. However, the approval of spot ETFs still depends on the resolution of the legal case between Ripple and the SEC as well as the SEC's withdrawal of its appeal. 
With the launch of these ETFs, XRP becomes one of the few cryptocurrencies with futures-based ETFs in the U.S. market, marking a significant milestone in the integration of digital assets into the traditional financial system.
#TariffsPause President Trump announced a suspension of tariffs for most countries for 90 days, while tariffs on China were increased to 125%. This move aims to provide time for countries to negotiate and reduce tensions in global trade.
Background of Tariff Suspension
On April 9, 2025, President Trump announced the planned suspension of tariffs for most countries, except China. The suspension lasts for 90 days and aims to ease rising trade tensions. Tariffs on China
Tariffs on exports from China will be raised to 125% in response to retaliatory actions from Beijing. China has announced a retaliatory tariff of 84% on US goods, which triggered Trump's decision to raise the tariffs. Economic Impact
The stock market reacted positively with a significant surge following the announcement of the tariff suspension. The S&P 500 recorded its largest one-day increase since 2008, indicating investor optimism regarding market stability.
HARA founder, Regi Wahyu, utilizes blockchain technology and NFTs to revolutionize the agricultural sector for small farmers in Indonesia. The result? Around 37,000 small farmers have experienced an income increase of up to 36% each year! That's really cool, right! How can this technology bring about such a change $ETH
Tesla recorded a revenue of US$19.34 billion in the first quarter of this year, with net profit sharply down by 80% to US$409 million. One of the factors for this decline is suspected to be due to Elon Musk being busy with his new role in the department formed by Donald Trump. However, the good news is: Musk stated he will refocus on leading Tesla starting next month
Ruya Bank makes history as the first Islamic bank in the United Arab Emirates (UAE) to offer buying and selling services for Bitcoin (BTC) and other cryptocurrencies. What’s more interesting is that they ensure these services comply with Islamic sharia principles and are designed to meet user needs. So, what is Ruya Bank's goal in providing cryptocurrency trading services in the UAE?
Bitcoin (BTC) surged sharply and briefly touched a record high of US$109 thousand—up 33% since the halving that occurred in April 2024. Interestingly, this price increase happened much faster compared to previous halving cycles. Why can this year's halving make BTC soar so quickly?
#EthereumFuture Whale Accumulation: Large investors have accumulated around 640,000 ETH recently, indicating potential for further rallies. ETF Inflows: On April 25, 2025, the crypto market witnessed significant inflows into Bitcoin and Ethereum Exchange-Traded Funds (ETFs), showcasing strong institutional interest in these major digital assets.
$ETH The current price of Ethereum (ETH) against Tether (USDT) is approximately $1,812.16, experiencing an increase of about 2.33% in the last 24 hours. The highest price today reached $1,820.32, while the lowest price was $1,744.49.
If you imagine a serious and educational dinner with Donald Trump, some topics that could be discussed include: 1. Business and Entrepreneurship: Trump has extensive experience in the real estate and business world. You could discuss his career journey in building the Trump Organization, the challenges faced in the property market, and his approach to leadership. 2. Political Strategy: As a former president, Trump has unique insights into political campaigns, governance, and international relations. You could discuss his views on the economy, foreign policy, or the future of American politics. 3. Public Speaking and Media: Given Trump’s significant role in the media and his unique communication style, you might explore how he uses media to shape his image, his views on the role of social media, and how public perception influences his political career. 4. Leadership Philosophy: It would be interesting to hear Trump’s views on leadership, decision-making under pressure, and how he sees the role of leaders in guiding large organizations or nations.
Such discussions could provide a wealth of insights depending on the focus of your conversation.
BTC vs MARKETS: Stability vs Volatility” Bitcoin offers long-term stability and trust. MARKETS (altcoin) come with high volatility and the potential for quick profits. Know your risk profile before making a choice.
From the chart, it can be seen that there is a sharp price spike that then underwent a correction. Today's MA has dropped -6.90%, but it still shows positive performance over the last 7 days (+50.69%).
TRUMP coin exploded! +28% today! From 9 to 16 USDT, now stable at 12. Meme coins are going crazy, have you entered yet?
$ETH The price of Ethereum (ETH) against Tether (USDT) today, April 23, 2025, is around $1,812, recording an increase of around 6.35% in the last 24 hours. The highest price today reached $1,818.18, while the lowest price was $1,574.00.  The trading volume in the last 24 hours reached 1.18 million ETH, equivalent to $2.01 billion USDT, indicating strong market momentum.
The current price of XRP to Tether (USDT) is around $2.15, up around 3.3% in the last 24 hours. The highest price today was $2.18, while the lowest price was $2.07.
Binance Coin (BNB) to Tether (USDT) price is currently around $607.86, up around 2.03% in the last 24 hours. The highest price today was $612.08, while the lowest price was $595.58