ProShares Files XRP ETF for Potential Launch on April 30

ProShares has filed for a futures-based “Short XRP ETF,” aiming for an April 30, 2025 launch. This move signals increased investment interest in XRP and could provide a regulated route for investors to access the cryptocurrency. If approved, this will allow trading of XRP futures directly through existing brokerage accounts, offering a simpler alternative for both individual and institutional investors. 21 Shares, Bitwise, and CoinShares also recently filed for XRP-based products, highlighting the growing interest in the asset class. The SEC’s decision on these applications is crucial as it could significantly impact XRP’s future growth and integration into traditional finance markets.