Proshares Ultra XRP ETF

UXRP

Market cap $51.1M

XRP's spot ETFs are sucking in roughly $50 million a day in fresh capital, hitting nearly $1 billion in inflows in under four weeks, the fastest adoption pace since Ethereum ETFs launched. Yet the token itself has cratered 11% over the past ten days and sits near $1.72, well below the $2.

2025 has so far been a big year for leveraged ETFs. I wrote a research note on leveraged ETFs earlier this year (read more here) where I discussed some trends in the leveraged ETF market.

BETHESDA, Md.--(BUSINESS WIRE)--ProShares expands largest suite of crypto-linked funds in the U.S. with launch of SLON and UXRP, ETFs targeting 2x daily returns of Solana and XRP.