ProShares Registers Two XRP ETFs Amid Record $1.55 Billion Inflows

ProShares has registered two XRP ETFs, including a standard and leveraged fund, which have attracted significant net inflows totaling $1.55 billion.

The registration of these funds marks a growing presence for XRP in the U.S. investment-product market, with ProShares' expanding product lineup offering broadened market access and institutional appetite.

ProShares' existing leveraged XRP fund, which launched in July 2025 under the ticker UXRP, has approximately $50 million in net assets.

The Ultra XRP ETF uses derivatives to target twice the daily performance of XRP, amplifying its returns rather than holding the underlying token. This approach means that long-term returns can differ significantly from simply doubling XRP's price movement over time.

Institutional demand for XRP products continues to rise, with U.S. spot XRP ETFs experiencing a record $1.55 billion in combined net inflows following a strong week in which $39.78 million entered these products.