XRP ETFs Set to Launch: A New Era for Ripple’s Token

ProShares has secured tacit approval from the U.S. SEC to launch three futures-based ETFs tied to XRP, marking a pivotal moment for Ripple’s token amidst its regulatory journey. The ETFs, including Leveraged and inverse options, are scheduled to debut on April 30, 2025.

ProShares Secures SEC Approval for Three XRP-Linked ETFs Launching This Week

ProShares is set to launch three futures-based ETFs tied to Ripple’s XRP token on April 30, following tacit approval from the U.S. Securities and Exchange Commission. The suite includes a leveraged long ETF (2x daily returns), a short ETF, and an inverse leveraged ETF (-2x daily performance).

The move marks a significant milestone for XRP, which has faced regulatory uncertainty in recent years. ProShares initially filed for these products in January, positioning itself as a pioneer in crypto derivatives amid growing institutional demand for regulated exposure.

ProShares Receives SEC Approval for Three XRP Futures ETFs, Launch Set for April 30

The U.S. Securities and Exchange Commission has greenlit ProShares’ proposal to launch three XRP futures-based exchange-traded funds, marking a significant milestone for Ripple’s native token. The ETFs, scheduled to debut on April 30, 2025, arrive shortly after Ripple’s resolution of its protracted legal dispute with the SEC.

The suite includes the Ultra XRP ETF (2x leveraged exposure), Short XRP ETF (-1x inverse), and Ultra Short XRP ETF (-2x inverse). These products expand institutional access to XRP derivatives, though notably exclude spot market exposure. The approval signals growing regulatory acceptance for crypto-structured products despite the SEC’s historical skepticism toward altcoins.

John Deaton: Ripple Making Up for Lost Time With Aggressive Acquisitions

Prominent crypto lawyer and XRP advocate John Deaton has lauded Ripple Labs’ expansion efforts following years of legal hurdles. The company’s $1.25 billion acquisition of Hidden Road signals its ambition to bridge traditional finance and decentralized systems.

Ripple’s aggressive moves reflect a strategic pivot to reclaim its position as a leader in digital asset infrastructure. The acquisition underscores growing institutional interest in blockchain-based financial solutions.

$30 Million Worth XRP Traded in 30 Minutes

XRP surged 6% to $2.33, breaking free from a weeks-long consolidation between $2.00 and $2.29. The rally follows a landmark SEC approval of ProShares’ XRP futures ETF—the first of its kind—fueling speculation of an imminent spot ETF launch.

Market analysts project over $100 billion could Flow into XRP as institutional interest grows. Whale activity intensified, with a notable large transfer flagged by Whale Alert during the price breakout.