CRIPTO News update: US Sec approves Launch XRP Futures ETFS 30. April: How to Buy; All you have to do know

The Securities Commission and the US Secure (US SEK) has approved the launch of Proshares “KSRP Futures Exchanged Funds (ETFS) 30. April, the company said at the foot with Secu. Here’s everything you need to know about the KSRP, the token manufacturer, as the future of ETFs will do other details.

When did the CSRP Futures Etfs proposed?

Prostrares, which already offers Bitcoin ETFSIn January, the formation of three KSRP connected ETFS (with 2K lever), short XRP ETF (with inverse (-1k) lever) and ultra shorts (-2k) lever), according to the cryptoslat (with inverse (-2k) lever), according to the cryptoslat.

Proshares’ XRP futures ETFS will track the price of XRP on the XRP index, the report was added.

Proposal 17. January 2025. years, came to be “Cripto-friendly” US president Donald TrumpThe choices are, said.

Are that the first XRP connected ETFS?

No, Teucrium’s XRP Futures ETFS began trading at the New York Stock Exchange. April.

In the meantime, proshares also applied for the KSRP Spot ETF, which is up to date for approval from us sec. A similar product by Hashdeka – the first world of XRP ETF – approved in Brazil Last week.

Further, CME Group is set to start XRP futures contracts related to 19. Maja, “Whose goal is to insert into increasing tokens that are not Bitcoin and Ethar,” said, during Reuters reports.

In addition to XRP, crypto-Reled ETFs already exist for Bitcoin, ether and Solana.

What are the future of ETF? How will this work?

ETF based on Futures provides exposure to the movement of KSRP futures contracts and unlike a Spot ETFThey would allow users to place bets on the KSRP cost without buying the token.

Why is that significant development?

The launch of these KSRP ETFS offers users a “regulated” way to earn from XRP tokens and could open the path of institutional interest. The moves are already positive. Especially, after their ETF products They have been valid, both Solana and KSRPs have seen increased interest in institutional investors, Reuters Report was added.

The price of XRP increased to 2.28 dollars, more than 6.35 percent during early trade 28. April, according to data on coinaman brandetcAp. His market cap is within 131.06 billion dollars, in the past 2.77 percent, with a volume of $ 3.92 billion – Zoomed in 53.58 percent in the last 24 hours!

Significantly, while the rest of the first 10 at CoinMarketCAP, including Bitcoin, today in the red, XRP is the only green. At the time of writing, Price bitcoin Today, in the amount of 93.081.91 USD, from 1.79% compared to the previous day, with 1.84 million dollar market caps and a volume of 17 min.

How to buy Proshares XRP Futures Etfs?

• Choose a broker that supports ETF trading (such as Robinhood, TD American).
• Deposit funds and wait for the ETF list 30. April.
• 30. April looking for the Proshares XRP ETF, set your order, buy.

Who is behind XRP futures ETFS? About Proshares and Ripple

According to the official website, the company offered the ETF products since 2006. years. It also described as “one of the largest Lines of ETFS, with over $ 70 billion of property”.

Prosheres claims that the leader in “Criptoinked, dividends are rising, interest rate protection bonds and directed (used and reversed) ETF investment strategies.

Significantly, the XRP is the source token Ripple Laboratory. CRIPTO COMPANI is engaged in regulatory crowded with NAS SEK From 2020. year due to the alleged sale of unregistered securities. The civil lawsuit was solved in March 2025. years. At that time, the XRP token rose 10% near 2.5 dollars.

In the post in KS, Ripple CEO Brad Garlinghouse called the end of the Security case against his company “echoed victory” and “long-term surrender”.

(With entering from agencies)