SEC Approves ProShares’ Trio of XRP ETFs—Crypto Traders Brace for Impact
The regulatory floodgates crack open: ProShares just scored SEC approval for not one, but three XRP-linked ETFs. Wall Street’s favorite volatility play now has a shiny new crypto toy.
Why it matters: After years of playing defense, XRP gets its mainstream moment—just as the SEC’s lawsuit against Ripple hangs in limbo. Timing, as they say, is everything in finance (or is it just luck?).
The details: No word yet on leverage ratios or expense fees, but expect these funds to mirror ProShares’ signature aggressive strategies. Perfect for traders who think regular crypto isn’t risky enough.
The bottom line: Another brick in the wall of institutional crypto adoption—or another way for hedge funds to separate retail investors from their capital? Place your bets.
