🚨 BREAKING: XRP ETFs Approved – A New Era Begins! 🚨 
The U.S. Securities and Exchange Commission (SEC) has greenlit the launch of three XRP futures-based exchange-traded funds (ETFs) by ProShares Trust, set to debut on April 30, 2025 . 
Key Highlights: • ProShares’ XRP Futures ETFs: • Ultra XRP ETF: Offers 2x leveraged exposure to XRP price movements. • Short XRP ETF: Provides inverse (-1x) exposure, allowing investors to profit from price declines. • Ultra Short XRP ETF: Delivers inverse (-2x) exposure for amplified short positions.   
These ETFs will track XRP price movements through futures contracts, offering investors regulated avenues to engage with XRP without directly holding the token. 
Global Momentum: Simultaneously, Brazil has approved the first XRP spot ETF, launched by Hashdex, marking a significant milestone in global crypto adoption . 
Market Impact: Following these announcements, XRP’s price surged by over 7%, reaching $2.34, with trading volumes exceeding $5 billion in 24 hours . 
Expert Insights:an Analysts predict that the approval of a spot XRP ETF in the U.S. could lead to substantial capital inflows, potentially exceeding $100 billion, mirroring the trajectories observed with Bitcoin and Ethereum ETFs .
Stay Informed: For real-time updates and in-depth analysis on XRP and the evolving ETF landscape, follow CrownedTrader on Binance Square.