ProShares Files for XRP ETFs on Gensler’s Final Day as SEC Chair

ProShares has reportedly filed for XRP leveraged and inverse ETFs and XRP futures ETFs. The firm submitted the ETF proposals on Gary Gensler’s last day as the SEC’s chair. Analysts expect more pro-crypto activities to follow Gensler’s resignation. ProShares, an ETF-issuing financial services company, has reportedly filed for XRP leveraged and inverse ETFs alongside XRP futures ETFs. Crypto lawyer Bill Morgan highlighted the filings on X (formerly Twitter), emphasizing their timing on Gary Gensler’s final day as SEC Chair. This is being wide reportedly reported and significantly on Gensler’s last day. ProShare has other Bitcoin and Ethereum ETFs. I cannot find an announcement by ProShares. Apparently it has submitted applications for XRP leveraged and inverse ETFs and XRP futures ETFs. https://t.co/S2R1xKsft9 — bill morgan (@Belisarius2020) January 18, 2025 Notably, the recent filing by ProShares highlights the overwhelming sentiment among cryptocurrency establishments concerning Gensler’s tenure at the helm of affairs at the SEC. Most crypto practitioners believe the outgoing chair played a significant role in the slow adoption of cryptocurren… The post ProShares Files for XRP ETFs on Gensler’s Final Day as SEC Chair appeared first on Coin Edition .