JiyaJan
07/12 15:51
ProShares XRP ETF Trading Gets Fresh Date In a si
ProShares XRP ETF Trading Gets Fresh Date
In a significant development for the crypto investment landscape, ProShares is set to launch a suite of XRP futures-based exchange-traded funds (ETFs) on July 18, 2025. This follows a post-effective amendment filed with the U.S. Securities and Exchange Commission (SEC) on July 11, designating the date as the official effective start for the firm’s registration statement.
The launch signals growing institutional interest in XRP and introduces new avenues for exposure, but with some nuance. The news was first spotlighted by crypto influencer JackTheRippler, who shared the update on X, sparking widespread buzz across the XRP community and broader digital asset markets.
Understanding the ETFs: Leveraged and Futures-Based
The upcoming products include three distinct funds: the ProShares Ultra XRP ETF, the ProShares UltraShort XRP ETF, and the ProShares Short XRP ETF. Unlike spot ETFs, which directly hold the asset itself, these are futures-based and track the performance of XRP futures contracts, likely traded on regulated markets such as the Chicago Mercantile Exchange (CME).
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