SEC Clears ProShares XRP Futures ETFs to Launch on April 30 Three XRP futures ETFs will launch on April 30, but spot XRP ETFs are still awaiting regulatory approval. ProShares will introduce three XRP-linked exchange-traded funds this week, following recent approval from the US Securities and Exchange Commission (SEC). The new products include an Ultra XRP ETF offering 2x leveraged exposure, a Short XRP ETF, and an Ultra Short XRP ETF with -2x leverage, according to regulatory filings. A 2x leveraged ETF aims to deliver twice the daily performance of XRP prices, while a -2x leveraged ETF seeks to deliver twice the inverse of XRP’s daily returns, allowing investors to potentially profit when the token’s price falls. #XRP #XRP-ETF #ETF https://cryptonews.com/news/sec-clears-proshares-xrp-futures-etf-launch-april-30/