UXRP

Proshares Ultra XRP ETF

$15.28
+0.00%
Market closed. Last update: 12:00 PM ET

📎 Investment Objective

The ProShares Ultra XRP ETF (UXRP) seeks to provide 2x the daily performance of the XRP/USD exchange rate.

Overview

ETF tracking Proshares Ultra XRP ETF

Category Leveraged
Issuer Other
Inception Date 2025-07-15
Market Cap $54.5M
Average Volume N/A
Dividend Yield N/A
52-Week Range $14.54 - $57.05
VWAP $15.79

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The ProShares Ultra XRP ETF (UXRP) seeks to provide 2x the daily performance of the XRP/USD exchange rate.

🎯 Investment Strategy

The fund uses swap contracts and other derivatives to provide leveraged exposure to the XRP cryptocurrency. It does not invest directly in XRP or other digital assets.

✨ Key Features

  • Provides 2x the daily performance of the XRP/USD exchange rate
  • Uses derivatives to achieve leveraged exposure
  • Designed for short-term trading, not long-term buy-and-hold
  • Very high risk due to leverage and cryptocurrency volatility

⚠️ Primary Risks

  • Extremely high volatility and risk of loss due to 2x leverage
  • Tracking error can cause returns to deviate from the target 2x exposure
  • Counterparty risk from derivative contracts
  • Liquidity risks and wide bid-ask spreads in cryptocurrency markets

👤 Best For

This ETF is intended for experienced, risk-tolerant traders who understand the risks of leveraged cryptocurrency exposure and can actively monitor their positions. It is not suitable for long-term or conservative investors.