Proshares' New XRP ETF to Launch on April 30th! Are Traders Bullish?

The crypto investment space is heating up as ProShares officially announces the launch of three XRP futures ETFs on April 30, 2025. This move adds another exciting chapter to Ripple’s growing influence in the digital asset market. 

The introduction of these XRP ETF products could reshape how investors engage with XRP, offering new options for both bullish and bearish traders.

Read also : Ripple Cancels 2025 IPO Plans! Is This True?

Fresh XRP ETF Options for Crypto Investors

According to recent SEC filings, ProShares will roll out three distinct XRP ETFs: the Ultra XRP ETF, the Short XRP ETF, and the Ultra Short XRP ETF. Each fund caters to different trading strategies:

• Ultra XRP ETF offers 2x leveraged exposure to XRP price movements.
• Short XRP ETF allows investors to bet against XRP price rises.
• Ultra Short XRP ETF provides -2x leverage, designed for amplified bearish bets.

The SEC declined to object during the review period, giving ProShares the green light to proceed. This marks a significant step for Ripple supporters, as these ETFs will be the second, third, and fourth XRP-tracking products available on U.S. markets.

While ProShares has made notable progress with its futures products, their application for a spot XRP ETF remains pending. It sits alongside similar proposals from other major firms like Grayscale and Bitwise, awaiting SEC decisions.

Ripple’s Expanding Footprint in Crypto Futures

Ripple’s momentum in the crypto space shows no signs of slowing. The XRP ETF launch coincides with another major development: CME Group’s announcement that it will also introduce XRP futures contracts. CME’s lineup already includes Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) futures, and XRP will soon join this prestigious group.

CME plans to offer two XRP futures products:

• A micro contract tied to 2,500 XRP.
• A large contract tied to 50,000 XRP.

Both futures contracts will be cash-settled using the CME CF XRP-Dollar Reference Rate, updated daily at 4:00 p.m. ET.

The timing seems perfect. XRP, supported by Ripple’s strong lobbying efforts, currently boasts a market capitalization exceeding $127 billion, making it the fourth-largest cryptocurrency globally.

Read also : CME Group to Launch XRP Futures Next Month! Here are the Details

Are Traders Feeling Bullish About XRP’s Future?

Current trading data shows XRP priced around $2, with slight upward movement over the past 24 hours. With the new XRP ETF offerings and the possibility of CME futures contracts launching soon, bullish sentiment around Ripple’s native asset appears to be building.

Crypto analysts suggest that these futures-based financial products could provide XRP with greater liquidity, more institutional involvement, and overall market stability. However, some warn that leveraged ETFs can lead to increased volatility, especially for an asset as passionate and controversial as XRP.

Ripple's assertive push for broader XRP adoption, cleaner blockchain technology compared to Bitcoin, and stronger regulatory clarity only strengthens the case for future XRP growth.

While the XRP community, sometimes dubbed the XRP Army, has earned a reputation for being aggressively supportive, this launch marks a real and tangible victory that could encourage broader mainstream interest.

FAQ

What is the ProShares XRP ETF launching on April 30th?

The ProShares XRP ETF launch includes three futures-based funds: Ultra XRP ETF, Short XRP ETF, and Ultra Short XRP ETF. These ETFs offer leveraged exposure to XRP's price movements without holding the actual Ripple asset.

How does the XRP futures ETF differ from a spot XRP ETF?

An XRP futures ETF tracks the price of XRP through futures contracts, while a spot XRP ETF would directly hold XRP tokens. Currently, ProShares has approval for XRP futures ETFs, but the spot XRP ETF is still awaiting SEC approval.

Will Ripple’s new XRP ETFs affect XRP's market price?

While the launch of new XRP ETFs may boost liquidity and trading volume, XRP’s price will still be influenced by broader market trends, Ripple’s regulatory developments, and overall crypto sentiment. However, increased futures activity could bring more visibility to XRP.