July is a crucial month for XRP as the SEC is expected to make decisions on several XRP-related ETFs.
ProShares plans to launch three futures-based XRP ETFs on July 14, pending SEC approval, offering investors exposure to twice the daily performance of XRP.
Turtle Capital's 2X Long XRP Daily Target ETF is set to start trading on July 21, subject to SEC approval.
Volatility Shares XRP ETFs and REX-Osprey XRP ETF have upcoming effective dates in July, with the SEC needing to raise objections by specific deadlines.