US ProShares to list three XRP futures ETFs, offering leveraged and inverse types

2025/04/28 19:13 (Updated 2025/04/29 10:00)
CoinPost
Written by A.Yamada
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US ProShares to list three XRP futures ETFs, offering leveraged and inverse types

New XRP Futures ETF to be listed

US asset management company ProShares plans to list three futures-based ETFs (exchange-traded funds) linked to the price of the cryptocurrency XRP on April 30th. This was confirmed in a filing with the US Securities and Exchange Commission (SEC).

Note that this is not a physical ETF, so it will not hold XRP directly.

In addition, it does not require an explicit approval process from the SEC, and will be valid unless the SEC objects within a certain period after the application documents are submitted. The SEC did not raise any particular objections this time.

ETF stands for Exchange Traded Fund, and...

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Iolite Vol.14

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MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.