XRP is attracting renewed investor attention following the confirmation that ProShares will launch its XRP Futures ETF on July 18, 2025.
The move was revealed through a Form N-1A registration filed with the U.S. Securities and Exchange Commission, listing ProShares Trust as the fund issuer. The ETF aims to provide exposure to XRP futures contracts rather than direct ownership of the cryptocurrency.
The filing outlines plans for the fund to become effective immediately under SEC rules, with the listing date confirmed for mid-July. This development marks a major milestone in XRP’s journey toward broader institutional acceptance, aligning with the wave of crypto-based ETFs introduced this year.
XRP’s market response has been swift. The token climbed to $2.85, posting a 25.76% gain over the past seven days. In the last 24 hours alone, XRP surged 4.72%, accompanied by trading volume exceeding $6.75 billion. With a market capitalization of over $168 billion, XRP currently ranks as the third-largest cryptocurrency by market cap.
The XRP Futures ETF is expected to give traditional investors easier access to the asset class through regulated financial products, potentially driving further adoption and volatility as the launch date approaches.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/proshares-xrp-futures-etf-set-to-launch-july-18-xrp-surges-over-25-this-week/