In a pivotal move for digital asset adoption, the ProShares Ultra XRP ETF (ticker: UXRP) is now officially live. This development, confirmed by crypto community source RippleXity on X, signals a major advancement in bringing XRP to traditional financial markets through regulated investment products. The ETF was made effective following the filing of Amendment No. 377 under the Investment Company Act of 1940 by ProShares Trust. A New Era for XRP Investment ProShares, renowned for its lineup of leveraged and inverse ETFs, has expanded its offerings with the launch of UXRP, an exchange-traded fund designed to deliver 2x daily exposure to the performance of XRP. ProShares Ultra $XRP ETF (UXRP) is now LIVE! pic.twitter.com/JHe2WQEDTe — RippleXity (@RippleXity) July 18, 2025 This allows investors to gain amplified access to XRP price movements without the technical complexities of owning the asset directly. Through derivatives and futures contracts, the fund aims to mirror XRP’s daily returns, appealing to both institutional players and high-risk-tolerant retail investors. The SEC filing specifies that the proposed effective date for UXRP was July 18, 2025, under paragraph (b) of the applicable rules. With the ETF now live, ProShares has officially ushered XRP into the growing family of crypto-linked ETFs traded on U.S. markets. Regulatory Momentum and Market Readiness The debut of UXRP follows a wave of crypto ETF approvals in the United States, including spot Bitcoin ETFs approved in early 2024 and Ethereum ETFs greenlit. While UXRP is not a spot ETF, its leveraged structure reflects growing regulatory openness toward offering advanced XRP-related financial products to the public. This shift in regulatory tone has been made possible, in part, by the legal clarity achieved in Ripple Labs’ multi-year battle with the SEC. In 2023, U.S. District Judge Analisa Torres ruled that XRP sold on secondary markets does not qualify as a security. That decision was a watershed moment, providing the legal foundation for institutions like ProShares to launch XRP-based investment vehicles with confidence. Institutional Support and Legal Framework The official SEC registration lists ProShares Trust as the registrant, headquartered at 7272 Wisconsin Avenue in Bethesda, Maryland. Richard Morris of ProShare Advisors LLC is named as the agent for service. Legal support for the filing was provided by attorneys Allison M. Fumai and Mark D. Perlow of Dechert LLP, an established legal firm with deep expertise in ETF compliance and regulatory filings. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 These details reflect the formal structure behind UXRP’s approval and underscore the seriousness with which traditional finance is now approaching XRP integration. Launch Timing and Market Impact The ETF launch comes at a time of renewed investor interest in XRP, which recently broke its all-time high of $3.40 and surged to $3.60, hitting the 1.618 Fibonacci extension, a key level often targeted in major market rallies. With XRP now entering price discovery territory, a leveraged ETF like UXRP arrives at a strategically significant moment for investors looking to maximize exposure to future gains. RippleXity’s announcement on X was met with widespread excitement across the XRP community, with many seeing this as a major step forward in mainstreaming XRP as a legitimate investment vehicle. Summarily, the launch of the ProShares Ultra XRP ETF represents more than just another financial product, it signals a new level of institutional acceptance for XRP. By offering leveraged exposure in a regulated structure, UXRP opens the door for broader participation in the XRP market and elevates the asset’s standing among top-tier cryptocurrencies like Bitcoin and Ethereum. As investor appetite for crypto exposure continues to grow, UXRP provides a timely and powerful tool for those seeking to capture XRP’s upside within a traditional financial framework. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post ProShares Ultra XRP ETF Is Now Live appeared first on Times Tabloid .
