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XRP Futures ETFs Launching This Week

ProShares to Launch XRP Futures-Based ETFs

  • ProShares plans to introduce three XRP futures-based ETFs, including leveraged and inverse options.
  • The SEC has not objected, allowing these funds to proceed to market.
  • The proposed ETFs are the Short XRP ETF, Ultra XRP ETF, and UltraShort XRP ETF.
  • Teucrium’s 2x Long Daily XRP ETF aims for double the daily return of XRP through swap agreements.
  • The SEC has delayed decisions on multiple spot XRP ETF applications from major firms.

ProShares is set to launch three new XRP futures-based ETFs following no objections from the SEC. These include options for investors seeking leveraged or inverse exposure to XRP price movements. Meanwhile, Teucrium has introduced a fund targeting double daily returns on XRP. The SEC continues its review process for spot XRP ETFs from several firms.

Source (2.6)https://cryptobriefing.com/proshares-launch-xrp-futures-etfs/?rand=59535
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