ProShares Ultra XRP ETF (UXRP) USD Price

The ProShares Ultra XRP ETF (UXRP) is a leveraged exchange-traded fund that seeks to deliver twice (2×) the daily performance of the XRP/USD benchmark, as measured by the Bloomberg XRP Index. Rather than holding XRP outright, it gains exposure through derivatives—primarily futures contracts and swaps—and does not directly invest in the underlying asset.

Launched in mid-July 2025, UXRP is designed for investors seeking amplified short-term exposure to XRP’s price movements. Because its objective is based on daily returns, holding UXRP for longer periods can lead to performance that diverges appreciably from 2× the cumulative return of XRP, especially in volatile markets.

With an expense ratio of approximately 1.67%, UXRP is part of ProShares’ family of leveraged digital asset funds. It is traded on major U.S. exchanges and requires a brokerage account to buy or sell. Due to its leveraged nature and reliance on futures, UXRP carries elevated risk—including roll costs, volatility drag, and potential deviation from the benchmark in periods of large XRP price moves.