XRP ETFs gain ground in two US fund filings

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Two U.S. fund filings dated Aug. 27 and Aug. 28 have listed three XRP-linked ETFs, adding fresh evidence of the token’s growing presence across regulated investment products. Summary ProShares’ filing lists its unlevered XRP ETF and the 2x leveraged Ultra XRP ETF. Morningstar Funds Trust’s amendment includes a live fund combining S&P 500 stocks with XRP exposure. Seven U.S. spot XRP ETFs had attracted $1.57 billion in cumulative inflows by Aug. 24. XRP traders face an escrow unlock on Sept. 1 and a Senate procedural vote on Sept. 15. Two filings submitted to the U.S. Securities and Exchange Commission identify two ProShares products and one Cyber Hornet strategy fund, although neither document represents a new SEC approval. A Rule 24f-2 notice submitted by ProShares Trust on Aug. 27 names the ProShares XRP ETF under series number S000091571. It also lists the ProShares Ultra XRP ETF, registered as series S000091573 and traded under the ticker UXRP. Filed under the Investment Company Act, Rule 24f-2 notices concern securities sold by investment companies and the related registration fees. Their appearance in the filing system should not be read as approval of a new product or a ...

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