News with the tag "ProShares"

ProShares is set to launch a suite of XRP futures-based ETFs on July 18, 2025, offering leveraged and inverse options, amid ongoing regulatory uncertainty surrounding XRP.

The article discusses the potential launch of XRP ETFs, highlighting key dates in July for futures and spot ETF approvals, which could significantly impact the XRP market.

The XRP ecosystem is experiencing significant developments, including increased wallet addresses and open interest, large whale transactions, and a strategic partnership between Ripple and BNY Mellon for a new stablecoin.

XRP has been included in Trump's Truth Social 'Crypto Blue Chip ETF', which has contributed to its recent price surge and increased market interest.

ProShares' registration of an Ultra XRP ETF with the DTCC under the ticker 'UXRP' is a significant step towards a regulated XRP ETF, though SEC approval remains a key hurdle.