Skip to content

Month of July Significance for XRP ETF Decisions

XRP Futures Exchange-Traded Funds (ETFs) await decision from the Securities and Exchange Commission (SEC) in July. The outcomes of these decisions could significantly impact the future of XRP trading within the United States.

crucial month for possible XRP ETF approvals
crucial month for possible XRP ETF approvals

Month of July Significance for XRP ETF Decisions

In a significant development for the cryptocurrency market, several futures-based Exchange Traded Funds (ETFs) tied to XRP are on the brink of launch, pending regulatory approval from the U.S. Securities and Exchange Commission (SEC). The anticipated launch dates for these ETFs range from July 7 to July 25, 2025, while a decision on spot-based XRP ETFs is expected by mid-October.

Leading the charge is ProShares, which plans to debut three futures-based XRP ETFs on July 14, 2025. The trio includes the ProShares Ultra XRP ETF, the UltraShort XRP ETF, and the Short XRP ETF. As of now, only the Ultra XRP ETF appears on the Depository Trust and Clearing Corporation (DTCC) list under the ticker UXRP. The other two funds are pending DTCC listing.

If approved, these ETFs will provide new investment opportunities for traders seeking futures-based exposure to XRP. ProShares initially filed its applications in January 2025, and unless the SEC raises objections before July 14, the company expects to move forward with all three ETFs.

Simultaneously, Volatility Shares is also gearing up to launch two XRP ETFs on July 21, 2025. One is a standard fund, while the other is a 2X leveraged version. Notably, Volatility Shares' 1X XRP ETF has already become effective as of July 7, indicating a smooth regulatory process so far.

Turtle Capital and REX-Osprey are also in the running, with Turtle Capital preparing to introduce a leveraged 2X Long XRP Daily Target ETF. The SEC review is expected to conclude by July 21, 2025, and trading will commence then, provided there are no SEC objections. REX-Osprey's XRP ETF filing is aiming for a July 25 activation date, pending SEC approval.

It's important to note that all these ETFs are tied to futures contracts, not spot market holdings, as the SEC has yet to approve any spot-based XRP ETFs. As of now, no spot-based XRP ETFs have been launched, and more than ten applications are still pending. A final decision on these spot products is expected by mid-October, unless further delays occur.

The launch of these futures-based XRP ETFs could mark a significant milestone for the cryptocurrency market, offering investors new ways to gain exposure to XRP through traditional investment vehicles. However, the fate of spot-based XRP ETFs remains uncertain, with a decision expected later in the year. Stay tuned for more updates on this developing story.

  1. The launch of ProShares' Ultra XRP ETF, scheduled for July 14, 2025, could offer traders a new avenue for investing in XRP via futures-based exposure.
  2. Volatility Shares has already seen effectiveness for its 1X XRP ETF, indicating a smooth regulatory process so far, with two more ETFs planned for launch on July 21, 2025.
  3. The cryptocurrency market eagerly anticipates the fate of spot-based XRP ETFs, with a decision from the U.S. Securities and Exchange Commission expected by mid-October, potentially opening up additional investment opportunities in the technology-driven finance landscape of cryptocurrency and crypto trading.

Read also:

    Latest