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Reading: SEC approves XRP Futures ETFs—Is $2.50 now within reach?
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CoinRSS: Bitcoin, Ethereum, Crypto News and Price Data > Blog > News > SEC approves XRP Futures ETFs—Is $2.50 now within reach?
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SEC approves XRP Futures ETFs—Is $2.50 now within reach?

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Last updated: April 29, 2025 11:35 am
CoinRSS Published April 29, 2025
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A small step for Ripple, one giant leap for cryptoA game changer for XRP futures
  • XRP is flipping the script. After years of uncertainty, the tide is turning.
  • Institutions are finally getting their piece of the action.

If you thought Ripple [XRP] was flying under the radar, think again. Institutional doors are swinging open, and Wall Street is finally taking notice.

The SEC (Securities and Exchange Commission) just gave the green light to XRP futures ETFs, with ProShares rolling out three shiny new products on the 30th of April 2025.

A small step for Ripple, one giant leap for crypto

2025 is shaping up to be Ripple’s year. What once seemed like a never-ending battle over Ripple’s “security” status has finally come full circle.

First, Brazil made the move. On the 25th of April 2025, they dropped the first-ever XRP spot ETF, giving investors front-row access to XRP’s price action through the B3 stock exchange (XRPH11).

Not to be outdone, the U.S. is now stepping up, too. ​ProShares is about to roll out three XRP futures ETFs: the Ultra XRP ETF (2x leverage), the Short XRP ETF (inverse (-1x) leverage), and the Ultra Short XRP ETF (inverse (-2x) leverage).

While we might still be waiting on a U.S. XRP spot ETF, this move is a huge leap for institutional adoption.

And it’s even bigger for regulatory inclusion. It’s a psychological boost for the entire crypto market. 

Better regulation means more trust, and trust is exactly what every investor needs before they hit that “buy” button – especially in the high-risk world of futures trading.

A game changer for XRP futures

No doubt about it, the new leadership is making its crypto promises loud and clear.  The futures fund is already causing a bullish buzz. And honestly, who can blame them?

XRP’s January peak of $3.30 came hand-in-hand with a monster spike in Open Interest (OI), shattering previous records and surpassing $7 billion. 

But that’s not all – AMBCrypto reports the Estimated Leverage Ratio (ELR) is soaring to a one-month-high following the news – everyone’s out there hunting for those juicy high-leverage trades.

Ripple ELRRipple ELR

Source: CryptoQuant

And with the Funding Rate (FR) still comfortably in the green, XRP’s “long” streak is showing no signs of slowing down. 

Clearly, liquidity in Ripple’s derivatives is partying hard after that SEC approval. On the daily chart, XRP has finally crushed that stubborn $2.20 resistance, thanks to the buying frenzy.

A $2.50 target? Totally within reach. But, with the risk of liquidations around the corner, you know the drill – Stay cautious and keep your eyes peeled.

Next: Bitcoin miners are ‘holding back’ – Is that good news for you?

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