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Cryptocurrency News Articles

ProShares Is Disrupting the Future of XRP Investment by Introducing XRP Futures ETFs on April 30

Apr 16, 2025 at 09:38 pm

ProShares is looking to disrupt the future of cryptocurrency investment by introducing XRP futures ETFs on April 30. This would mean significant strides for institutional investors and the market in general.

ProShares Is Disrupting the Future of XRP Investment by Introducing XRP Futures ETFs on April 30

ProShares is set to disrupt the future of cryptocurrency investment with the introduction of XRP futures ETFs as early as April 30. This move will have significant implications for institutional investors and the cryptocurrency market in general.

The introduction of these products, based on futures and not holding any tokens directly, makes XRP tomorrow’s favorite to get a spot ETF

As the optimism around these new products builds, so does the belief that an ETF focusing on the spot price of bitcoin could soon follow. This would unlock further inflows into the cryptocurrency market and broaden the investment opportunities in altcoins.

ProShares has now set April 30, 2025, as its earliest expected launch date for XRP futures ETFs. This new launch from ProShares will provide investors with unique ways to engage with the cryptocurrency market. The new set of ETFs includes ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF. Each ETF is designed to benefit from market movements as captured using futures contracts and swap agreements instead of holding any tokens directly.

This follows the recent debut of Teucrium’s 2x Long Daily XRP ETF, which saw record first-day trading activity and further highlighted the increasing appetite for XRP-based investment products.

The main underlying trend favoring XRP is liquidity as well as a growth in spot trading volumes for the altcoin, qualifying it as a frontrunner among altcoins. According to Kaiko, this, along with the introduction of leveraged funds, suggests that the market is developing into one that could soon usher in regulatory approval for a spot XRP ETF.

This would unlock further inflows into the cryptocurrency market and broaden the investment opportunities in altcoins. In these developments, investment in XRP continues to be a hot topic.

The trading session of XRP indicates a bearish direction after XRP failed to overcome its $2.18 resistance barrier. After the XRP received strong resistance at the previous zone, the token fell beneath the $2.06 support until it stabilized near $2.03 to create a new support zone. The decline follows market volatility patterns since traders expect the Futures ETF to debut on April 30. The anticipation over the new ETF remains tempered by the unconfirmed launch plans for a Spot ETF.

Chart 1, analysed by Anushri Varshney, published on TradingView, April 16, 2025

The momentum indicators display ambiguous signals. Multiple golden and death crosses present in the MACD indicator demonstrate quick market gains. At this time, the latest golden cross shows low-level bull behavior while needing high volume to display its potency. RSI experienced an oversold phase and then rebounded to its current position of 59 which suggests some stabilization, but weak buying signs are absent. The price structure of XRP shows declining peaks and valleys as it keeps a negative market outlook. If the price drops below the $2.06 support, it might hit the level at $2.02. The prices primarily depend on the ETF narrative as its primary short-term driving factor.

ProShares’s planned launch of XRP futures ETFs, mounting institutional interest, and increased trading volumes indicate a strong build-up of confidence around XRP’s long-term potential. Some believe the price for XRP in 2025 could be between US$3.5 and US$5.00, while others like this forecast but add a condition: If regulatory clarity and ETF approval occur sooner rather than later, the price could break the $10 barrier. A boost in the price is expected from the ever-increasing adoption of XRP for cross-border payments and the eventual approval of a spot ETF. Technical and fundamental indicators point toward a steady bullish outlook for XRP, thus emerging as a potential asset for investors targeting sizable gains soon.

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