The recent approval of ProShares' leveraged XRP exchange-traded fund (ETF) is likely to enhance investor engagement in cryptocurrency derivatives, which may lead to heightened market volatility.
This development marks a significant step as ProShares gears up for the trading debut of its leveraged XRP ETF on NYSE Arca.
This news is expected to attract attention from both retail and institutional investors, signaling a growing interest in innovative financial products within the cryptocurrency market.