The US SEC has approved ProShares Trust’s XRP ETF, a series of three futures ETFs

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MarsBit
04-27
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Mars Finance News, on April 27, the US SEC previously approved three futures ETFs from ProShares Trust for XRP: ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF, which will provide investors with a way to gain exposure to price trends without directly holding XRP tokens. ProShares Ultra XRP ETF: aims to provide twice the return of XRP futures prices. ProShares UltraShort XRP ETF: aims to provide twice the inverse return of XRP futures prices. ProShares Short XRP ETF: aims to provide the inverse return of XRP futures prices. These three futures ETFs are planned to be officially listed and traded on April 30, 2025.

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