ProShares XRP futures ETFs launching April 30 after SEC approval. Investors access leveraged XRP exposure without holding physical tokens. ProShares Trust is set to launch multiple XRP-related futures ETFs after receiving approval from the U.S. Securities and Exchange Commission (SEC). The effective date for the launch is April 30, 2025. However, the SEC has not yet approved any XRP spot ETFs. Investors Gain New XRP Futures Options with ProShares Launch The SEC endorsed three XRP ETF products named ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF. The funds use XRP futures prices to generate acceleration or deceleration effects for investors. These funds enable investors to wager on XRP price fluctuations through derivative contracts, although investors do not physically possess XRP in their portfolios. The approval occurred after Teucrium Investment Advisors LLC achieved its previous goals. Teucrium became the first financial institution to launch an XRP-focused ETF when it debuted it in the United States during this month. The Teucrium ETF allows investors to access leveraged investment exposure to XRP through similar mechanisms as ProShares’ products but without its direct possession of XRP. The cryptocurrency financial market reached an important advancement through this development. Bloomberg’s Senior ETF Analyst Eric Balchunas noted that this move appears to be exceptional. He said that the introduction of leveraged ETFs based on new assets remains uncommon since spot ETF approvals have not started yet. After Ripple Labs achieved its major court victory, new XRP investment products appeared on the market. In March, Ripple managed to secure their final victory against the SEC in court. Many regulatory obstacles that restricted XRP trading and use disappeared following this development. Investors, together with fund issuers, have persistently sought a spot XRP exchange-traded fund throughout many previous years. A spot ETF for XRP would directly hold the token assets while tracking their current market prices in real-time. Historically, regulators have shown intense opposition toward spot crypto ETFs. The approval of Bitcoin spot ETFs has encouraged investors to believe spot XRP ETFs might receive regulatory approval in upcoming years. ProShares XRP Futures ETFs Signal New Era for Crypto Investments in U.S. At the moment, the new ProShares exchange-traded funds enable investors to access leveraged as well as inverse positions through XRP futures. The funds operate through XRP futures trading, but they do not include physical XRP assets within their portfolio. The ProShares Company introduced the funds to investors in January 2025. The SEC’s review window passed uncontested and subsequently resulted in receiving authorization. These newly available funds will expand investor options after their launch takes place. Through newly approved funds, people can gain regulated exposure to XRP price fluctuations. XRP’s price has responded positively to this news. It is currently trading around $2.33 and has risen to $2.36 over the past 24 hours, as the market anticipates the upcoming launch. Teucrium and ProShares stand as the only firms currently operating XRP-related ETFs that received official approval from the SEC. Grayscale’s application for an XRP ETF encountered a delay from the SEC when they requested an extended review last month. Additionally, XRP ETFs have gained strong attention from the institutional sector over a short time. XRP’s inclusion in the crypto reserve strategy of the Trump administration contributes to rising institutional interest in this digital asset. Major asset management companies, including Grayscale and Franklin Templeton, as well as Canary Capital, CoinShares, and 21Shares, have applied to offer XRP investment products. Lastly, the XRP futures ETFs from ProShares mark another development for crypto investment structures in the United States as investors anticipate the possibility of direct XRP exchange-traded funds. The post ProShares to Launch XRP Futures ETFs on April 30, 2025 appeared first on Live Bitcoin News.

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