#TrumpTaxCuts The US Securities and Exchange Commission (SEC) has officially approved ProShares Trust's XRP futures ETF, which includes three separate ETF products, according to information from Fxempire as reported by ChainCatcher. These products include ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF, aimed at providing investors with the opportunity to access the price volatility of XRP without directly holding the XRP token.

Specifically, the ProShares Ultra XRP ETF is designed to deliver double the performance compared to the price volatility of the XRP futures contract. Meanwhile, the ProShares UltraShort XRP ETF aims to deliver double the inverse performance compared to the price of the XRP futures contract, meaning that when the price of XRP decreases, the fund will grow inversely at double the rate. Finally, ProShares Short