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

Odaily News Previously, the US SEC approved ProShares Trusts XRP ETF, which is a series of three futures ETFs: 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 movements without directly holding XRP tokens.
ProShares Ultra XRP ETF: Aims to provide twice the return of XRP futures prices.
ProShares UltraShort XRP ETF: Designed to provide twice the inverse return of the XRP futures price.
ProShares Short XRP ETF: Designed to provide inverse returns to XRP futures prices.
These three futures ETFs are scheduled to be officially listed and traded on April 30, 2025.