What is the ISIN of ProShares Ultra XRP ETF?

The ISIN of ProShares Ultra XRP ETF is US74349Y4989.

What does leveraged daily exposure mean for ProShares Ultra XRP ETF?

ProShares Ultra XRP ETF aims to deliver 2 times the daily return of XRP (long). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.

What is volatility decay and how does it affect ProShares Ultra XRP ETF?

Volatility decay (also called compounding drag) occurs because ProShares Ultra XRP ETF rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 2X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

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ProShares Ultra XRP ETF (UXRP) Price

ProShares Ultra XRP ETF Price

— EUR

PRO

TER1.67 %

AUM35.84 M USD

IndexXRP/USD Exchange Rate - Benchmark Price Return

CurrencyUSD

Funds Launch7/15/2025

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Underlying

XRP

XRP2X Long Daily

XRP

ProShares Ultra XRP ETF provides 2X daily exposure to XRP.

Leverage & Compounding Risk

This ETF rebalances daily to achieve its 2X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 2X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.