







$75B Asset Manager 'ProShares' Files For New XRP ETFs $75 billion asset manager 'ProShares' recently filed for new XRP ETF products, including leveraged, inverse, and futures ETFs, amid anticipation of regulatory changes as SEC Chair Gary Gensler prepares to leave office. The… https://t.co/hEjHvvwzuU
🇺🇸 SEC has publishes statement announcing Gary Gensler’s resignation as Chairman. 👀 https://t.co/NiCG7UWmeL
🇺🇸 JUST IN: Gary Gensler has stepped down as SEC Chairman, the agency confirms. https://t.co/FlC65huhPe

ProShares, a $75 billion asset manager, has filed for multiple XRP exchange-traded funds (ETFs), including leveraged, inverse, and futures options. This move comes as Gary Gensler has resigned as Chairman of the U.S. Securities and Exchange Commission (SEC), with pro-crypto advocate Paul Atkins expected to succeed him. The market is anticipating a 70% chance of XRP ETF approval in 2025, signaling a potential shift towards more favorable regulations for the cryptocurrency sector. In addition to XRP, the recent wave of ETF filings also includes proposals for Litecoin and Solana funds, reflecting growing interest in cryptocurrency investment products as firms like ProShares and CoinShares push forward with their proposals.