ProShares Merger ETF Price & Performance (MRGR)

ProShares will launch three XRP futures-based ETFs today, following a landmark SEC approval. The Ultra XRP ETF (2x leverage), Short XRP ETF, and UltraShort XRP ETF (-2x leverage) offer institutional investors new avenues to trade XRP volatility. The move highlights growing regulatory acceptance and rising institutional interest in digital assets.123

XRP has rallied nearly 8% over the past week, buoyed by anticipation for ProShares’ trio of leveraged and inverse XRP futures ETFs launching April 30. The products’ arrival is seen as a pivotal moment for crypto adoption, with analysts predicting increased market activity and volatility as institutional capital enters the space.456

With ProShares’ XRP futures ETFs set to launch, Ripple’s leadership has confirmed no immediate IPO plans, choosing instead to prioritize expansion and acquisitions. Market watchers note this strategy, alongside ETF developments, could further strengthen XRP’s position as spot ETF applications await SEC review in the U.S.789