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ProShares Launches Leveraged Solana (SOL) and XRP ETFs Following NYSE Arca Approval

Summary by Coin Desk
Two new crypto exchange-traded funds (ETFs) targeting Solana (SOL) and XRP (XRP) are launching in the U.S. on Tuesday, marking another step in the expanding intersection of traditional finance and digital assets.ProShares, a major player in leveraged ETFs, rolled out the ProShares Ultra Solana ETF (SLON) and the ProShares Ultra XRP ETF (UXRP). Both products aim to deliver twice the daily performance of their respective underlying cryptocurrencie…

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crypto.news broke the news in on Tuesday, July 15, 2025.
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