EddieJayonCrypto
29 Apr 25
ProShares' XRP futures ETFs, approved by the SEC, will not launch on April 30 as previously anticipated, with no confirmed launch date yet but expected soon. These ETFs target institutional investors seeking regulated exposure to XRP price volatility without direct asset custody. ProShares received ...
ProShares’ XRP futures ETFs will not launch on April 30 as initially expected, though trading is anticipated to begin soon. These ETFs, approved by the SEC, provide institutional investors regulated exposure to XRP price volatility without the need for direct asset custody, addressing common regulatory and security concerns.
ProShares has received SEC approval for three futures-based ETFs: Ultra XRP ETF (2x leverage), Short XRP ETF (-1x inverse exposure), and Ultra Short XRP ETF (-2x inverse exposure). These will be the second through fourth XRP-related ETFs to receive approval in the U.S., following Teucrium’s XRP futures ETF which started trading on April 8 with positive initial volumes.
Besides the futures ETFs, ProShares has a pending application for a spot XRP ETF, along with several others awaiting SEC decisions. Many filings have key decision deadlines in late May or mid-October, reflecting ongoing regulatory scrutiny. JPMorgan projects XRP exchange-traded products could attract between $4 billion and $8 billion in net inflows, drawing parallels to inflows seen in Bitcoin and Ethereum ETFs.