In line with a recent US Securities and Exchange (SEC) filing, ProShares has obtained approval to launch three new Ripple (XRP)- tracked ETFs .
ProShares, the US-based issuer of exchange-traded funds (ETFs), will probably be launching three XRP futures- based mostly ETFs on 30 April 2025. This comes weeks after the conclusion of Ripple’s long-standing authorized battle with the SEC.
SEC APPROVES APRIL 30 LAUNCH FOR PROSHARES TRUST’S $XRP FUTURES ETF
BULLISH FOR XRP AND ALTCOINS pic.twitter.com/uhRXJUUM8g
— Ash Crypto (@Ashcryptoreal) April 27, 2025
Notably, the brand new ETFs are futures-based and never spot merchandise. The three new funds that can monitor the XRP Index are –
- Extremely XRP ETF: Gives 2x leveraged publicity to XRP’s every day value actions
- Brief XRP ETF: Supplies -1x inverse publicity
- Extremely Brief XRP ETF: Delivers -2x inverse leverage
Simply final week, the Chicago-based monetary providers firm – CME group, working monetary derivatives exchanges together with the Chicago Mercantile Alternate, Chicago Board of Commerce, New York Mercantile Alternate, and The Commodity Alternate, added XRP futures to its change set for launch subsequent month.
Trade consultants and crypto lovers have expressed optimism after XRP futures lunch.
“The SEC simply authorised an XRP Futures ETF — the primary main domino to fall. A Spot XRP ETF may very well be subsequent, unlocking actual demand and sending costs hovering. $100 billion+ might quickly flood into XRP… keep forward,” mentioned Armando Pantoja, a crypto investor since 2011.
The SEC simply authorised an $XRP Futures ETF — the primary main domino to fall.
A Spot XRP ETF may very well be subsequent, unlocking actual demand and sending costs hovering.
$100 billion+ might quickly flood into XRP… keep forward.
$XRP pic.twitter.com/MVYiS9lTAY
— Armando Pantoja (@_TallGuyTycoon) April 27, 2025
Discover: 9+ Best High-Risk, High–Reward Crypto to Buy in April 2025
SEC At present Reviewing Purposes For Spot XRP ETFs, Grayscale’s Resolution Deadline Set For Might 2025
With ProShares’ XRP futures ETFs set to go stay on April 30, all eyes are actually on the SEC’s pending selections relating to spot XRP ETFs.
Will a inexperienced mild for spot merchandise would mark an much more important milestone? Undoubtedly.
In the meantime, big names are lining up for approval. Grayscale, VanEck, 21Shares, Franklin to call just a few – these corporations are submitting for Ripple ETFs with last deadlines between April-October 2025.
The phrase on the road is that the Wall Avenue just isn’t “ignoring” XRP. They’re making ready to launch it.
#XRP ETF DEADLINES ARE STACKING UP
Huge names are lining up:
Grayscale, VanEck, 21Shares, Franklin, ProShares and extra…
All submitting for XRP ETFs with last deadlines between April-October 2025.Wall Avenue’s not “ignoring” $XRP they’re making ready to launch it.#XRP #ETF #Ripple pic.twitter.com/I9SbfOybre
— XRP_Consultant
(@XRP_Consultant) April 22, 2025
Discover: 17 Next Crypto to Explode in 2025: Expert Cryptocurrency Predictions & Analysis
Key Takeaways
ProShares will launch three Ripple futures (Extremely XRP ETF, Brief XRP ETF, Extremely Brief XRP ETF) on 30 April 2025.
The SEC is reviewing a number of spot XRP ETF purposes, with Grayscale’s choice deadline set for 22 Might 2025.
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