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

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According to ChainCatcher, citing Fxempire, the US SEC previously approved three XRP futures ETFs from ProShares Trust: ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF, which will provide investors with a way to gain exposure to XRP price movements 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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