Proshares will introduce three funds negotiated on the stock market linked to the XRP this week, following the recent approval of the American Securities and Exchange commission (SEC).
The new products include an ultra XRP ETF offering a 2x lever effect exposure, a short ETF and an ultra short XRP ETF with a -2x lever effect, according to regulatory deposits.
A 2x effect ETF aims to offer twice the daily performance of XRP prices, while a lever -effect -2X ETF seeks to offer twice the daily yields of XRP, allowing investors to potentially take advantage when the price of the token drops.
Image source: dry
ETFs should be posted on April 30, 2025, marking another important step for investment products related to XRP in the United States. However, no approval has yet been granted for an XRP Spot ETF.
Several candidates, including one from the Grayscale fund manager, remains under examination, with a deadline for the Critical Decision of the SEC looming on May 22.
Proshares’ decision occurs shortly after Téucrium launched the very first ETF future XRP earlier this month. The XRP 2X XRP Fund of Teucrium has recorded more than $ 5 million in a volume of negotiation on the day of its first day, which makes it the most successful company of the company to date.
New XRP lists report the more gentle regulatory position after victory in court
The recent increase in investment products focused on XRP reflects a changing regulatory landscape.
Last week, CME Group announced that XRP’s term contracts would soon be listed on its exchange of derivatives. The new offers will appear alongside Bitcoin, Ether and Solana products. Consequently, the momentum around XRP investment products continues to build.
This wave follows the resolution of a legal battle of several years between Ripple Labs and the dry. In March, Ripple won a last legal victory. Consequently, significant regulatory obstacles for the use and registration of XRP on the financial markets have been deleted.
Investors and transmitters have long waited for an ETF XRP spot. Such a product would directly follow the price of the token, rather than through term contracts. However, the FNB Crypto Spot has historically faced greater resistance from regulators. Recently, FNB Bitcoin Spot approvals have raised the hope that other tokens could possibly follow.
For the moment, products based on future proshares offer investors another way to expose themselves to XRP price movements. As a result, market response in the coming weeks will be closely monitored. The attention will be particularly high as the SEC addresses its next major decision on the Graycale SPOT XRP proposal.
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