ProShares Set to Launch Three XRP Futures ETFs This May After SEC Approval
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- After SEC tacit approval, ProShares will launch three XRP futures ETFs on May 14, 2025.
- The new Ultra, Short, and Ultra Short XRP ETFs offer leveraged and inverse XRP exposure.
- SEC reviews spot XRP ETF applications from Grayscale, VanEck, 21Shares, and more.
Following the approval from the U.S. Securities and Exchange Commission, ProShares has confirmed the launch of three new exchange-traded funds (ETFs) based on futures of the digital asset XRP.
According to a new post-effective amendment filed with the U. S. Securities and Exchange Commission (SEC), ProShares has revised the launch date of its XRP futures-based ETFs to May 14, 2025. That update corrects widespread reports that the products would go live on April 30.
ProShares Introduces Ultra XRP, Short XRP and Ultra Short XRP ETFs
ProShares, one of the leading issuers of leveraged and inverse ETFs, will launch the Ultra XRP ETF, the Short XRP ETF, and the Ultra Short XRP ETF. The Ultra XRP ETF will offer 2x leveraged exposure to XRP’s daily price moveme…
The post ProShares Set to Launch Three XRP Futures ETFs This May After SEC Approval appeared first on Coin Edition.
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