The U.S. SEC has approved three futures-based ETFs from ProShares Trust for XRP

Blockbeats

27 Apr

BlockBeats News, April 27th: Earlier, the US SEC approved ProShares Trust's XRP ETF, which includes three futures ETFs: ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF. They will provide investors with a way to gain exposure to price movements without directly holding XRP tokens.

ProShares Ultra XRP ETF: Aims to provide double the return of XRP futures prices.

ProShares UltraShort XRP ETF: Aims to provide double 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 scheduled to officially start trading on April 30, 2025.

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