XRP Fund Market Expands with ProShares SEC Filing
The ProShares XRP ETF has made an appearance in a recent SEC filing as part of the growing U.S. XRP fund market.
The filing lists both a standard ProShares XRP ETF series and the company's existing leveraged XRP fund, the Ultra XRP ETF (UXRP), under the ProShares Trust structure.
The Ultra XRP ETF is already live, having launched in July 2025 with net assets of around $50 million as of late August. It targets 2x the daily performance of XRP through derivatives rather than holding the token directly.
This development comes as institutional demand for XRP products has strengthened across the wider market, with U.S. spot XRP ETFs recently recording a record $1.55 billion in cumulative net inflows after their strongest week in more than three months.