{"id":24083,"date":"2025-04-28T05:21:15","date_gmt":"2025-04-28T05:21:15","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=24083"},"modified":"2025-04-28T05:21:15","modified_gmt":"2025-04-28T05:21:15","slug":"proshares-gets-sec-greenlight-for-three-xrp-etfs","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=24083","title":{"rendered":"ProShares Gets SEC Greenlight for Three XRP ETFs"},"content":{"rendered":"<div>\n<p>Exchange-traded funds (ETF) issuer ProShares will introduce three XRP-tracked products this week after a tacit U.S. Securities and Exchange Commission (SEC) approval.<\/p>\n<\/p>\n<p>It will launch an Ultra XRP ETF (2x leverage), a Short XRP ETF and an Ultra Short XRP ETF (-2x leverage), <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1174610\/000168386325003520\/f41642d1.htm\">filings show<\/a>. Its spot XRP approval stays hanging, however. The SEC has acknowledged several XRP spot ETF applications so far, with fund manager Grayscale\u2019s filing facing a critical May 22 deadline.<\/p>\n<\/p>\n<p>ProShares\u2019 approvals come weeks after Teucrium\u2019s 2x XRP ETF started trading earlier this month, becoming the first XRP ETF in the U.S. It racked over $5 million in trading volumes on the first day, becoming the firm\u2019s \u201cmost successful\u201d launch to date.<\/p>\n<\/p>\n<p>Last week, the CME Group added XRP futures to its largest derivatives exchange in the U.S., alongside BTC, ETH and SOL products.<\/p>\n<p>The flurry of ETFs tracking XRP comes after closely related company Ripple\u2019s long-standing court battle against the SEC, which was <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/03\/19\/xrp-zooms-10-higher-as-garlinghouse-says-sec-is-dropping-case-against-ripple#:~:text=XRP%20surged%2010%25%20as%20Ripple,is%20reportedly%20nearing%20its%20end.\">fully concluded in March<\/a>, clearing extensive regulatory headwinds for the tokens.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Exchange-traded funds (ETF) issuer ProShares will introduce three XRP-tracked products this week after a tacit U.S. Securities and Exchange Commission (SEC) approval. It will launch an Ultra XRP ETF (2x leverage), a Short XRP ETF and an Ultra Short XRP ETF (-2x leverage), filings show. Its spot XRP approval stays hanging, however. The SEC has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-24083","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24083","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24083"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24083\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}