ProShares XRP Futures Exchange-Traded Funds (ETFs) Have Received the Green Light from the SEC

In a recent post on X, crypto proponent Amelie announced that the U.S. Securities and Exchange Commission (SEC) has officially approved the ProShares XRP Futures Exchange-Traded Funds (ETFs).

In a recent post on X, crypto proponent Amelie announced that the U.S. Securities and Exchange Commission (SEC) has officially approved the ProShares XRP Futures Exchange-Traded Funds (ETFs).

This news comes after a period of anticipation for XRP futures ETFs in the U.S. Earlier this year, the SEC approved futures ETFs for Bitcoin (BTC) and ether (ETH), setting the stage for approval of other major cryptocurrencies.

The tweet also highlighted commentary from Dan Tapiero, CEO of 10T Holdings, who expressed notable respect for XRP’s durability in the digital asset space. In a video attached to the post, Tapiero shared candid views on both XRP’s development and Ripple’s evolving role.

Tapiero clarified his position, stating, “I am by no means a big XRP guy,” but emphasized his appreciation for the asset’s ability to endure significant challenges over the years. He remarked that this longevity reflects a fundamental viability in the ecosystem, regardless of personal alignment with the token.

He further observed the transformation of Ripple, the company associated with XRP. In his view, Ripple has evolved into what he called a “holding company, a conglomerate of assets within the digital asset ecosystem.”

Tapiero attributed value to this model, describing it as a sophisticated organizational strategy that extends Ripple’s relevance beyond just the XRP token. His comments suggest that Ripple’s structure now includes a range of projects and interests across the blockchain sector, enhancing its strategic importance.

Anticipation is growing around the XRP futures ETFs, and Tapiero believes that many market participants are closely watching this development. While he did not provide specific projections regarding the ETFs’ performance, his remarks pointed to the broader sentiment that XRP’s presence in regulated investment vehicles is becoming more normalized.

The 10T Holdings CEO also addressed the geopolitical and regulatory backdrop influencing XRP’s standing. He referenced Ripple CEO Brad Garlinghouse’s ongoing involvement in U.S. policymaking and his engagement with President Donald Trump.

Tapiero stated, “You have to take your hat off to Brad Garlinghouse for having got involved with Trump and still very involved,” noting that Garlinghouse has helped advocate for the digital asset sector during the transition from the previous SEC administration.

He credited Garlinghouse with putting in what he called “a lot of hard work for the space itself,” particularly in pushing back against regulatory opposition from the former SEC leadership. The reference underscores how XRP and Ripple have continued to operate under scrutiny and are now achieving significant regulatory milestones, such as approving a futures-based ETF.

Tapiero’s remarks demonstrate a measured acknowledgment of XRP’s resilience and growing presence within the institutional landscape. While he did not express full support, he recognized the asset’s continued relevance, Ripple’s corporate evolution, and Brad Garlinghouse’s political engagement. The SEC’s approval of the ProShares XRP Futures ETFs further reinforces the shifting perception of XRP’s significance in the U.S. digital asset sector.