New York Stock Exchange Approves ProShares Ultra XRP ETF

Blockbeats

07-15

BlockBeats News, July 15th, according to Cointelegraph, the New York Stock Exchange has approved the ProShares Ultra XRP ETF (ticker: UXRP).

The ProShares Ultra XRP ETF (UXRP) is a 2x leveraged ETF based on XRP futures contracts, designed to provide investment returns that correspond to twice the daily performance of the XRP Index. It achieves leverage through XRP futures contracts and swap agreements, without directly holding XRP spot.

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