The post US SEC Approves ProShares Trust’s XRP Futures ETFs – Coincu appeared on BitcoinEthereumNews.com.

Key Points: US SEC approved ProShares Trust’s XRP futures ETFs, debuting April 2025. Enhances institutional access to crypto derivatives. XRP leads in market depth and U.S. listings. The U.S. Securities and Exchange Commission (SEC) has approved ProShares Trust’s three XRP futures ETFs, scheduled for trading on April 30, 2025, including UltraShort, Ultra, and Short strategies. This approval signals a significant step for institutional crypto products, following ProShares’ earlier success with Bitcoin futures ETFs. The SEC’s approval of ProShares Trust’s new XRP futures ETFs marks a pivotal moment in the crypto market, significantly enhancing institutional access to crypto derivatives. This development echoes ProShares’ past success with Bitcoin futures ETFs and has propelled XRP to the forefront of market activity. Anticipation for a potential spot XRP ETF is growing, fueled by increased investor interest. Market analysts note XRP’s ascendency over Solana in ETF activities, reflecting its leading position in the crypto market landscape. SEC Approval Spurs New XRP Futures Products ProShares Trust’s new XRP futures ETFs, approved by the U.S. SEC, offer exposure to XRP’s price movements for investors without holding the token. The ETFs include UltraShort XRP, Ultra XRP, and Short XRP. The launch aims to enhance institutional access to crypto derivatives, echoing ProShares’ previous Bitcoin ETF success. Anticipation for a possible spot XRP ETF grows, driven by increasing investor interest, as noted by Nate Geraci of the ETF Store. “A possible spot XRP ETF approval will arrive sooner rather than later as the interest among the investors and issuers rises.” — Nate Geraci, President, ETF Store. Market analysts highlight XRP’s growing edge, surpassing Solana in ETF market activity. Community optimism is high, evidenced by betting markets favoring spot ETF approvals. Industry experts speculate on future spot ETF prospects within this evolving landscape. XRP Surpasses Solana with Growing Market Interest Did…

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Filed under: News - @ April 27, 2025 1:24 pm