ProShares Launches XRP ETF: Shifting Dynamics in Cryptocurrency Markets

XRP is taking a decisive step forward in the market. Major asset management firms are actively seeking regulatory approval for Exchange-Traded Funds (ETFs) based on XRP, signaling a significant surge in institutional investor interest. ProShares has garnered attention by applying for a futures-based “Short XRP ETF,” slated to launch April 30, 2025. This innovative fund will enable investors to access XRP indirectly through their regular brokerage accounts without directly purchasing or holding the cryptocurrency. 🎧