XRP Gains Ground with New ETF Listings
Two U.S. fund filings have listed three XRP-linked ETFs, further solidifying the token's presence in regulated investment products. The filings, dated Aug. 27 and Aug. 28, include two ProShares products: the unlevered XRP ETF and the 2x leveraged Ultra XRP ETF.
Morningstar Funds Trust's amendment lists a live fund that combines S&P 500 stocks with XRP exposure, called the Cyber Hornet S&P 500 and XRP 75/25 Strategy ETF. This fund seeks to follow an index that assigns about 75% of its exposure to the S&P 500 and about 25% to XRP.
The ProShares Ultra XRP ETF (UXRP) has traded since July 2025 and aims to provide twice the daily return of the Bloomberg XRP Index. Instead of holding XRP directly, the fund uses financial contracts, including futures and swaps, to create leveraged exposure.