The U.S. SEC has approved three futures ETFs of ProShares Trust's XRP ETF series

ChainCatcher news, according to Fxempire, the U.S. SEC has approved three futures ETFs of ProShares Trust for XRP: ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF, which will provide investors with a way to gain exposure to price movements without directly holding XRP tokens.

• ProShares Ultra XRP ETF: Aims to provide twice the returns of XRP futures prices.
• ProShares UltraShort XRP ETF: Aims to provide twice the inverse returns of XRP futures prices.
• ProShares Short XRP ETF: Aims to provide inverse returns of XRP futures prices.

These three futures ETFs are scheduled to officially start trading on April 30, 2025.