Here Are Key Deadlines for XRP This Month
The post Here Are Key Deadlines for XRP This Month appeared on BitcoinEthereumNews.com.
July is gearing up to be a pivotal month for XRP as the SEC is expected to decide the fate of several XRP-related exchange-traded funds (ETFs). Analyst Nick, popularly referred to as Crypto Crusader, called the XRP community’s attention to the multiple XRP ETF deadlines in July. ProShares XRP ETFs The first deadline is July 14, when ProShares aims to launch three futures-based XRP ETFs. They include the ProShares Ultra XRP ETF, the UltraShort XRP ETF, and the Short XRP ETF. Notably, through these futures XRP ETFs, investors could gain exposure to twice the daily performance of the coin. According to an accompanying screenshot, ProShares submitted the applications to launch the futures-based XRP ETFs in January 2025. Meanwhile, ProShares previously set April 30 as the effective date for the products. It postponed the date, according to a June 24 post-effective amended prospectus. In the filing, ProShares locked in July 14 as the date it intends to launch all three XRP ETFs, provided the SEC does not object. In the meantime, the issuer’s Ultra XRP ETF recently listed on the Depository Trust and Clearing Corporation (DTCC) under the ticker UXRP. However, the ProShares Short and UltraShort XRP ETFs have not been listed on DTCC at the time of publication. There sure is a lot of $XRP ETF deadlines in July 👀 pic.twitter.com/kbvPHNVtJy — Nick | Crypto Crusader (@NCashOfficial) July 8, 2025 Turtle Capital XRP ETF In addition, Turtle Capital’s 2X Long XRP Daily Target ETF is also expected to commence trading on July 21, absent any objections from the SEC. The July 21 timeline aligns with the anticipated completion of the SEC’s review of Turtle Capital’s futures-based XRP ETF application. Volatility Shares and Rex-Osprey XRP ETFs Furthermore, the Volatility Shares future-based XRP ETFs are expected to become effective this month, pending…
Filed under: News - @ July 9, 2025 2:27 pm