The U.S. Securities and Exchange Commission (SEC) has officially approved the first-ever XRP ($2.02) futures exchange-traded fund (ETF), which ProShares will launch. This new fund is scheduled to start trading on April 30, 2025. Although the approval does not cover a spot ETF, which would track the real-time price of XRP, it still marks a significant breakthrough for XRP’s acceptance in the traditional finance world.
XRP Moves from Legal Battles to Trading Floors
This milestone comes only a few years after Ripple, the company closely tied to XRP, fought a tough legal battle against the U.S. Securities and Exchange Commission (SEC). Now, instead of courtrooms, XRP is making its way onto trading floors, joining Bitcoin and Ethereum, both of which already boast futures and spot ETFs.
Related article: XRP Goes Mainstream in Japan: 20 Million Mercari Users Can Now Trade with One Tap
Naturally, some investors initially questioned why regulators approved a futures ETF rather than a spot version. However, history shows that futures ETFs often come first. Bitcoin and Ethereum followed this same path before gaining spot ETF approval.
BREAKING: SEC Approves an $XRP ETF — and It's HUGE
No, it’s not a Spot ETF yet.
It’s a Futures ETF — but don’t underestimate what this means.
Here’s the breakdown:
Wall Street attention: Big players have a way to trade XRP. Mainstream legitimacy: XRP is officially… pic.twitter.com/AWHTBjijeR
In the meantime, futures ETFs allow large institutional investors to safely take positions in XRP, whether they expect prices to rise or fall. This flexibility adds liquidity and stability to the market, hallmarks of a maturing asset class.
Experts See a Turning Point for XRP
Market analysts have hailed the SEC’s decision as a game-changer. They argue that regulated futures ETFs give major financial players a trusted and legal way to trade XRP. Moreover, the positive news does not end there.
Related article: From $0.20 to $2.20: Why XRP’s Resilience Mirrors Amazon’s Legendary Comeback
In Brazil, the XRP H11 ETF has just launched on the country’s leading stock exchange, B3. This makes it the first XRP-focused ETF available globally, further enhancing XRP’s visibility. A few years ago, XRP faced enormous legal pressure and uncertainty.
Now, with regulatory approvals stacking up and new investment products emerging, XRP is opening new doors for widespread adoption. Moving from regulatory scrutiny to institutional favouritism, XRP is writing a powerful new chapter in its history.
The post XRP ETF Milestone: Futures Approved, Spot ETF Could Be Next appeared first on FXcrypto News.
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