SEC Approves ProShares XRP ETF—Launch Imminent

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TL;DR New XRP ETF offers double daily exposure using futures, not direct token ownership. XRP rises 25% as ETF launch and crypto legislation align, fueling trading interest this week. ProShares Ultra XRP ETF Approved for NYSE Arca Listing The US Securities and Exchange Commission has approved the listing of the ProShares Ultra XRP ETF on NYSE Arca. According to a filing dated July 14, the leveraged futures-based fund will trade under the ticker UXRP. Trading is expected to begin by the end of th...