ProShares' XRP ETF Plummets Over 95% Since Launch
ProShares' UXRP fund, which aims for daily double-digit gains in XRP ($1.04), has plummeted by more than 95% since its July 2025 launch.
The fund's performance has been impacted by the volatile markets, exacerbating losses as it tracks the price of XRP.
Despite this, modest inflows into spot XRP products have not entirely ceased.