ProShares Ultra Utilities Price & Performance (UPW)

The U.S. SEC has approved three ProShares XRP futures ETFs, offering leveraged and inverse options for investors. Although initial reports set the launch for April 30, analysts now say trading will begin in the near future, but not tomorrow. The funds broaden access to regulated crypto exposure.123

Recent SEC approval of ProShares’ XRP futures ETFs highlights growing institutional interest in XRP. These ETFs, tracking futures rather than holding XRP directly, follow Teucrium’s earlier launch and could pave the way for spot ETFs. Applications from major asset managers remain pending, with billions in inflows anticipated if approved.45

ProShares’ upcoming XRP futures ETFs signal a more open regulatory approach after recent legal clarity for XRP. The new ETFs, offering leveraged and inverse exposure, follow Teucrium’s debut and come as XRP’s price rallies sharply. However, spot XRP ETFs remain under SEC review, with global competition intensifying.35