NYSE Arca, the top US exchange for listing and trading, has officially certified its approval of listing and registration of the ProShares Ultra XRP ETF, according to a SEC notice on Monday. In another notice, the SEC revealed that the exchange has approved the listing and trading of the Solana ProShares Ultra Solana ETF as well.
ProShares Ultra XRP ETF Released for Trading
In its prospectus, the ProShares ETF discloses its targets and risks regarding Ultra XRP (UXRP), saying UXRP targets 2x daily XRP returns, but the obligations provided by the…