ProShares UltraShort Gold Price & Performance (GLL)

ProShares is set to introduce three futures-based ETFs tracking XRP on April 30, including leveraged and inverse options. The SEC allowed the launch after declining to object during the review period. These products broaden investor access to XRP exposure, though spot XRP ETFs remain under regulatory review in the U.S.123

ProShares UltraShort Gold ETF (GLL) closed at $11.23 on Friday, up 2.18% for the day but down 8.77% over two weeks. Technical analysis points to continued weakness, with a projected 24% decline over three months. Rising volume and volatility indicate high risk for short-term traders.24

The ProShares UltraShort S&P500 ETF (SDS) dropped 1.4% to $21.06 on Friday, extending a four-day losing streak. Despite a negative short-term technical picture, forecasts suggest a potential 24.85% rebound in three months, with high volatility and risk remaining key concerns for investors.56