A new key date for XRP holders revealed amid ETF buzz #XRPETFs

ProShares has chosen May 14 as the new target date for the launch of its futures-based products, according to a new amendment after it took effect.

A previous filing indicated that the ETFs could go into effect on April 30.

Several media outlets and prominent social media influencers falsely reported that the products had received tacit approval from the U.S. Securities and Exchange Commission to launch on the said date. The false news spread like wildfire, likely leading to a short-term spike in the price of XRP.

However, this was later confirmed to be untrue. As U.S. Today reported, it is unclear when the ETF products will actually launch.

The latest amendment also does not mean that the ETF has already been approved for launch on May 14, as this is merely a procedural update

$XRP 🔥🚀👌