ProShares Trust - ProShares Ultra XRP ETF

ProShares Trust - ProShares Ultra XRP ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. the fund is co-managed by ProFund Advisors LLC. It invests in fixed income and currency markets of the United States. For its fixed income portion, it primarily invests in U.S. Treasury Bills, U.S. government securities or other money market instruments. For its currency portion, it invests through derivatives in XRP. The fund uses derivatives such as swaps and futures to create its portfolio. It seeks to invest in XRP futures through a wholly-owned Cayman Islands subsidiary. ProShares Trust - ProShares Ultra XRP ETF was formed on July 14, 2025 and is domiciled in the United States.