Crypto News

XRP Set for Big Week as ProShares ETF Launches July 18

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The ProShares XRP ETF is scheduled to launch on July 18, following its listing on the DTCC earlier this week. This launch date notably coincides with the US cryptocurrency week.

ProShares XRP ETF Gets Green Light for July 18

Asset manager ProShares has officially set July 18, 2025, as the effective date for its XRP ETF, following an amendment filed under Rule 485(b)(1)(iii). The fund had earlier appeared on the DTCC platform. This signals readiness to join a growing list of crypto-based exchange-traded products.

Source: X

Market analysts view this launch as a significant milestone, opening doors for institutions seeking regulated exposure to XRP. The move is expected to add fresh liquidity and potentially push the token’s price higher as large investors gain more confidence in Ripple’s regulatory status.

This ProShares XRP ETF adds to the growing number of ETFs expected to launch. CoinGape reported back in May that NYSE Arca had approved the listing of Teucrium’s 2X Long Daily XRP ETF, with the double-leveraged ETF now recording inflows of close to $160M. 

In addition to the ProShares XRP ETF, several other XRP ETFs are also awaiting approval. They include;

  • Volatility Shares’ 2X XRP ETF
  • Tuttle Capital’s 2X Long XRP Daily Target ETF

According to filings, both issuers have received SEC acknowledgment and expect to start trading soon as the crypto week approaches.

ETF Launch Set to Coincide With Crypto Week

The ProShares XRP ETF launch interestingly coincides with the kickoff of the much-anticipated crypto week. As a result, experts have predicted the XRP price could continue its impressive run recorded this week.

July 14 to July 18, Washington D.C., will host Crypto Week, where lawmakers will discuss critical legislation, including the Clarity Act and the Anti-CBDC Surveillance State Act. According to industry insiders, these regulatory changes, combined with well-publicized ETF launches, may rekindle interest and support a rally in the cryptocurrency market as a whole.

In other ETF news, Teucrium’s double-leverage XRP ETF (XXRP) has seen impressive growth. In a single day, the ETF jumped 27%, increasing its weekly gain to 55% and driving trading volume to more than $120 million. Eric Balchunas, a Bloomberg analyst, commended Teucrium for its early launch and ability to seize market momentum prior to the escalation of XRP’s rally.

Source: X

In conclusion, XRP is poised to enter a phase of increased attention, with a list of additional ETF leveraged products speculated for launch. Beyond ETF listings, experts are also forecasting that the SEC may soon dismiss its appeal against Ripple. The coming weeks signal huge growth potential for the token.

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

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