UXRP – ProShares Ultra XRP ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg XRP Index. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of a single XRP traded in USD and seeks to provide a proxy for the XRP market. Under normal circumstances, the advisor will obtain leveraged exposure to at least 80% of fund's total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
UXRP	ProShares Ultra XRP ETF	ETF	Open	—	—	Jul 14, 2025	$42.62M	0.950%	—	—	$73.71M

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