SEC Approves Launch Date for ProShares Trust XRP ETF

In a major milestone for the crypto industry, the U.S. Securities and Exchange Commission (SEC) has officially approved a public launch date for ProShares Trusts XRP ETF.

According to information shared by Cointelegraph, the ETF is scheduled to go live on April 30, 2025.

The approval, confirmed through a Form N-1A registration statement, represents a significant expansion of the crypto ETF landscape. Until now, much of the regulatory progress had been centered around Bitcoin and Ethereum products, making XRPs entry into the ETF market a pivotal development.

What This Means for XRP and the Broader Crypto Market

ProShares, a firm known for pioneering the first Bitcoin futures ETF in the United States, is now set to offer investors easier, regulated exposure to XRP — one of the oldest and most established cryptocurrencies in the market.

With the public launch date set for April 30, all eyes will be on XRPs market performance as the new ETF becomes available.

If past patterns hold, the added liquidity and visibility could offer a significant tailwind for XRP in the months ahead.

For crypto investors and market watchers alike, April 30 may mark another historic date in the evolution of digital asset investing.

Kosta Gushterov

Reporter at Coindoo

Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.