ProShares UltraShort Technology Price & Performance (REW)

Despite recent excitement, there is still no official confirmation from the SEC regarding the approval of ProShares’ three XRP futures ETFs. Both the SEC and ProShares have remained silent, leaving investors cautious. The crypto market is awaiting verified statements before making significant moves in response to these ETF rumors.12

ProShares is preparing to introduce three XRP futures-based ETFs, aiming for a launch by April 30. This move follows Ripple’s recent legal win and growing demand for regulated XRP investment products. The ETFs will use futures contracts and swaps, offering exposure to XRP’s price without direct ownership of the token.34

XRP’s price has climbed to around $2.17 as anticipation builds for futures-based ETFs. Analysts note that these developments, combined with Ripple’s resolution with regulators, have improved XRP’s profile among institutional investors. However, caution prevails as official ETF approval remains pending and market sentiment is sensitive to regulatory updates.56