Proshares将根据SEC批准的期货启动三个XRP ETF

Proshares对SEC对三个XRP ETF的批准是在美国金融市场中采用XRP的重要里程碑。

The approval by the SEC for the three XRP ETFs by ProShares is a milestone for the adoption of XRP in the U.S. financial market.

SEC对Proshares三个XRP ETF的批准是在美国金融市场中采用XRP的一个里程碑。

ProShares is getting the green light from the SEC for its three ETFs on XRP

ProShares在XRP上的三个ETF从SEC获得绿灯

ProShares, one of the leading issuers of exchange-traded funds, has received approval from the Securities and Exchange Commission (SEC) for the launch of three new ETFs based on XRP. The announcement, made public a few days ago, marks a decisive turning point for the cryptocurrency sector, after the long legal battle between Ripple and the SEC concluded in March.

Proshares是交易所交易资金的主要发行人之一，已获得证券交易委员会（SEC）的批准，以根据XRP启动三个新ETF。几天前公开的宣布是加密货币部门的决定性转折点，在Ripple与SEC在3月结束的长期法律斗争之后。

The new financial instruments will be available starting from April 30 and will allow investors to position themselves both in favour of and against the trend of the XRP token, through leveraged products.

新的金融工具将从4月30日开始提供，并将通过杠杆产品将自己定位为XRP令牌的趋势，并反对XRP令牌的趋势。

The details on the new XRP ProShares ETFs

新的XRP Proshares ETF的详细信息

The new ETFs that will be introduced by ProShares are:

Proshares将引入的新ETF是：

* ProShares Short Triple ETF (NYSE: TRIX)

* ProShares短三重ETF（NYSE：TRIX）

* ProShares Triple ETF (NYSE: TRPL)

* ProShares Triple ETF（NYSE：TRPL）

* ProShares Ultra ETF (NYSE: UPRO)

* ProShares Ultra ETF（NYSE：UPRO）

Notably, none of the new ETFs will be directly invested in XRP. Instead, they will track the performance of futures contracts on XRP, recently announced by CME Group.

值得注意的是，没有一个新的ETF将直接投资于XRP。取而代之的是，他们将跟踪CME Group最近宣布的XRP期货合约的绩效。

The approval for these three ETFs follows a period of intense activity in the field of cryptocurrency derivatives. Earlier this year, Teucrium successfully launched its 2x leveraged bull XRP ETF, which commenced trading on April 3 with an excellent start.

这三个ETF的批准遵循了加密货币衍生物领域的一段激烈活动。今年早些时候，Teucrium成功推出了其2倍杠杆的Bull XRP ETF，该公司于4月3日开始以出色的开端开始交易。

The regulatory context: from Ripple against SEC to new opportunities

监管背景：从反对SEC的波纹到新机遇

The road to the approval of XRP ETFs has not been without obstacles. The legal battle between Ripple and the SEC, which lasted for years, only concluded in March, removing the main regulatory constraints that weighed on XRP.

XRP ETF批准的道路并非没有障碍。 Ripple与SEC之间持续了多年的法律斗争仅在3月才结束，从而消除了对XRP造成的主要监管限制。

Precisely thanks to the favorable resolution of this clash, the possibility has opened up for issuers like ProShares to introduce financial products based on XRP in the regulated American markets.

这完全要归功于这场冲突的有利解决，因此，像Proshares这样的发行人开放了在受监管的美国市场中基于XRP的金融产品的发行人。

The precedent: the success of Teucrium’s 2x XRP ETF

先例：Teucrium 2x XRP ETF的成功

It is worth remembering that the 2x XRP ETF by Teucrium was the first product of its kind launched in the United States at the beginning of April. The debut proved to be extremely positive: over 5 million dollars in trading volume on the first day, the best start in the history of the investment firm.

值得记住的是，Teucrium的2x XRP ETF是4月初在美国推出的同类产品的第一个产品。首次亮相被证明是非常积极的：第一天的交易量超过500万美元，这是投资公司历史上最好的开始。

This favorable precedent strengthens expectations for the three new ProShares ETFs as well, which aim to capture the growing interest of investors towards XRP.

这种有利的先例也加强了对三个新的Proshares ETF的期望，旨在吸引投资者对XRP的日益兴趣。

The expansion of XRP derivatives at CME Group

CME组XRP衍生物的扩展

Fueling the enthusiasm for XRP is not just the launch of ETFs. The CME Group, the largest derivatives exchange in the United States, has indeed announced the addition of XRP futures to its product basket. The official launch is scheduled for next month, along with futures contracts on Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).

助长XRP的热情不仅是ETF的推出。 CME集团是美国最大的衍生品交易所，确实宣布在其产品篮中增加XRP期货。正式发布会定于下个月，以及比特币（BTC），以太坊（ETH）和索拉纳（Solana（Sol）的期货合约。

This further step consolidates the position of XRP as one of the benchmark digital assets in the world of financial derivatives.

这一进一步的步骤巩固了XRP作为金融衍生产品领域的基准数字资产之一。

What it means for the market: new strategies and risks

这对市场意味着什么：新的策略和风险

The introduction of leveraged and short ETFs on XRP offers more experienced investors advanced tools to manage highly volatile prices. However, as with all leveraged products, the risks are high: movements contrary to the expected trend can quickly amplify losses.

XRP上的杠杆和简短ETF的引入提供了更多经验丰富的投资者的高级工具来管理高度波动的价格。但是，与所有杠杆产品一样，风险很高：与预期趋势相反的运动可以迅速扩大损失。

ProShares has designed its XRP ETFs for daily strategy, which means they are more suitable for short-term operations than for long-term investments. Investors will therefore need to pay the utmost attention to risk management and the correct use of these instruments.

Proshares已将其XRP ETF设计用于日常战略，这意味着它们比长期投资更适合短期运营。因此，投资者将需要最大程度地关注风险管理和正确使用这些工具。

Furthermore, the absence of a spot ETF XRP still partially limits direct exposure to the token itself through regulated instruments.

此外，缺乏ETF XRP仍然部分限制了通过受调节的仪器直接暴露于令牌本身。

A look at the future of the cryptocurrency ETF market

看看加密货币ETF市场的未来

The approval of the three XRP ETFs by the SEC opens an important breach for the future of funds based on digital assets.

SEC的三个XRP ETF批准为基于数字资产的资金提供了重要的违反。

Although the U.S. regulatory body, during President Trump’s administration, showed greater openness to financial innovations, several challenges still remain to be addressed, especially in the field of spot ETFs.

尽管在特朗普总统执政期间，美国监管机构对金融创新表现出更大的开放性，但仍有一些挑战仍有待解决，尤其是在现货ETF领域。

Currently, the market is also keenly following developments regarding the applications for spot ETFs on Bitcoin, submitted by several managers and pending approval by the SEC. Among the most anticipated decisions is that on Grayscale’s application, which is expected by May 22.

目前，市场还敏锐地遵循有关比特币现场ETF申请的发展，该公司由几位经理提交，并得到了SEC的批准。最令人期待的决定之一是，在5月22日之前，预计灰度的应用程序。

A new chapter in the integration between cryptocurrencies and the financial markets

加密货币与金融市场之间整合的新章节

The debut of the three ProShares XRP ETFs marks a significant step forward for the institutional adoption of digital assets.

这三个ProShares XRP ETF的首次亮相标志着机构采用数字资产迈出了重要一步。

The interest of the market and the entry of major financial institutions, like CME Group with the launch of XRP futures, are converging towards new opportunities for both traders and institutional investors seeking to diversify their portfolios.

市场的兴趣和主要金融机构的进入，例如CME集团随着XRP Futures的推出，正在为贸易商和机构投资者融合了新的机会，他们寻求多样化其投资组合。

However, it is crucial to approach this new frontier of finance with the necessary caution and to fully understand the characteristics and risks of leveraged products in a volatile market.

但是，至关重要的是要对这种新的金融领域进行必要的谨慎，并充分了解挥发性市场中杠杆产品的特征和风险。

The stellar performance of Teucrium’s 2x XRP ETF, which started trading with more than $5 million in volume on the first day alone—the best launch

Teucrium的2x XRP ETF的出色表现，仅第一天就开始以超过500万美元的价格进行交易 - 最好的发布