ProShares Ultra Technology Price & Performance (ROM)

The U.S. Securities and Exchange Commission has approved ProShares to launch three XRP futures-based ETFs on April 30. These funds will offer investors leveraged and inverse exposure to XRP price movements, marking a significant expansion of regulated crypto investment vehicles in the U.S. Spot XRP ETF applications remain under review.123

Despite recent SEC approval and widespread anticipation, ProShares has stated it will not launch its XRP ETFs on April 30. The company has not provided a new timeline, leaving investors waiting for further updates. This follows earlier filings and market speculation about the debut of leveraged XRP products.456

With the SEC greenlighting three XRP futures ETFs from ProShares, investors are watching closely as the April 30 launch approaches. The new ETFs—offering 2x long, -1x short, and -2x ultra-short exposure—could reshape trading strategies for XRP. Meanwhile, spot XRP ETF proposals remain pending regulatory review.738