NYSE Arca Approves Listing of ProShares’ Ultra XRP Futures ETF

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Description
The New York Stock Exchange (NYSE) Arca has approved the listing of ProShares’ Ultra XRP futures-based exchange-traded fund (ETF), called Ultra XRP (UXRP). The news was shared in a letter sent to the United States Securities and Exchange Commission. Notably, this is an important step for ProShares and the XRP market. Structure of ProShares’ UXRP ProShares, known for launching the first U.S. Bitcoin futures ETF in 2021, is now adding more products focused on altcoins. The UXRP ETF will track XRP ...
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