-1x Short VIX Futures ETF Price & Performance (SVIX)

ProShares will debut three new XRP futures-based ETFs on April 30, offering both leveraged and inverse exposure to Ripple's token. The SEC did not object to the launch, signaling a rare move for a new asset class. These ETFs track XRP futures, rather than holding the token directly.12

Market volatility persists, driving significant activity in volatility-linked ETFs. The 2x Long VIX Futures ETF (UVIX) recently saw a sharp drop but is forecasted to rebound nearly 48% over the next three months. Such products remain high-risk, suitable mainly for short-term traders seeking to capitalize on rapid market swings.345

The ProShares Short VIX Short-Term Futures ETF (SVXY) gained 6.3% over the past week, though it remains down 31.8% year-to-date. SVXY offers inverse exposure to volatility, and its recent uptick may reflect traders positioning for a potential reduction in market uncertainty after months of heightened fear.67