ProShares will launch three new exchange-traded funds (ETFs) based on XRP futures contracts on April 30th, 2025. This marks a significant step in the development of regulated access to XRP price movements for both institutional and retail investors. The company plans to debut these ETFs, including the Ultra XRP ETF, Short XRP ETF, and Ultra Short XRP ETF. These products will leverage futures contracts instead of holding actual XRP. ProShares’ move follows Teucrium’s successful launch of a similar product, which sparked discussions about regulatory approaches to cryptocurrencies. Notably, this approval for XRP futures ETFs arrives before the SEC’s decision on spot ETFs, suggesting evolving trends in cryptocurrency regulations.