ProShares XRP ETFs Approved: Major Launch Set to Shake Up Crypto Investing

ProShares Trust has received approval from the U.S. Securities and Exchange Commission to proceed with its XRP-focused ETFs. According to a newly filed Form N-1A, the effective date for the launch has been confirmed as April 30, 2025.

The filing updates a previous amendment, with no changes made except the setting of the launch date. It includes three ETFs designed around XRP: the ProShares Ultra XRP ETF, ProShares UltraShort XRP ETF, and ProShares Short XRP ETF.

Also Read: XRP-XLM Conspiracy: Why Ripple Co-Founder Jed McCaleb Left the Company to Found Stellar

ProShares Prepares to Broaden XRP Investment Access

The new funds will be structured under a mutual fund framework, ensuring full compliance with the Securities Act and the Investment Company Act. This move offers investors regulated access to XRP’s market price movements.

ProShares Trust’s principal executive offices are based in Bethesda, Maryland, with ProShare Advisors LLC serving as the investment advisor. Richard Morris from ProShare Advisors has been listed as the agent for service, backed by legal counsel from Dechert LLP in New York.

Market participants have now shifted focus to the anticipated launch date, expecting it to drive increased interest in XRP investment vehicles. The addition of leveraged and inverse ETF options could attract a wider range of investors to the cryptocurrency sector.

ProShares Strengthens Position in Digital Asset Investment

The expansion into XRP offerings reflects ProShares’ strategy to provide diverse crypto-related investment products under regulated structures. It represents a growing trend where traditional asset managers bridge the gap between digital assets and conventional finance.

By offering these new ETFs, ProShares is setting a foundation for more investors to explore cryptocurrency markets through trusted and familiar channels. This development could significantly shape the future of crypto-based investments within the regulated U.S. environment.

ProShares Trust’s XRP ETF launch on April 30, 2025, is expected to be a major milestone in the evolution of crypto investing. With clear regulatory backing, the new funds offer investors a structured path to participate in the dynamic XRP market.

Also Read: 838,000,000 XRP in a Single Day – What is Going on?

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