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🚨 Clarification: Bloomberg analyst James Seyffart confirms there’s no set launch date for ProShares $XRP ETFs. šŸ“¢ Rumors of an April 30 launch were based on outdated filings. šŸ› Futures ETFs are expected, while spot ETFs remain under SEC review. #XRP #SEC #CryptoNews #ETFs #ProShares
🚨 Clarification: Bloomberg analyst James Seyffart confirms there’s no set launch date for ProShares $XRP ETFs.

šŸ“¢ Rumors of an April 30 launch were based on outdated filings.

šŸ› Futures ETFs are expected, while spot ETFs remain under SEC review.

#XRP #SEC #CryptoNews #ETFs #ProShares
ProShares to Launch 3 Leveraged XRP Futures ETFs on April 30, 2025Ā Jane KariukiĀ 28 April 2025Ā - CryptoNewsFocus.com ProShares will launch three leveraged and short XRP futures ETFs on April 30, 2025, following tacit approval from the SEC.These ETFs provide investors with new ways to gain exposure to XRP’s price movements, marking a significant step in ProShares’ push into the digital asset sector. On April 30, 2025, ProShares will launch three innovativeĀ XRPĀ futures ETFs, marking a significant milestone for the cryptocurrency investment landscape. These products—Ultra XRP ETF, Short XRP ETF, and Ultra Short XRP ETF—will provide leveraged and inverse exposure to the price movements of Ripple’s XRP token. Unlike traditional spot ETFs, these funds track XRP futures contracts rather than directly holding the asset, offering investors a new way to tap into XRP’s price dynamics. The SEC’s Role in Approving New Crypto Products The launch follows ProShares receiving tacit approval from the U.S. Securities and Exchange Commission (SEC). While the SEC did not formally object during the review period, it allowed the company to proceed with its offering. This marks a critical development as the SEC has yet to approve a spot XRP ETF, making ProShares’ futures-based products the first of their kind. Eric Balchunas, Bloomberg’s Senior ETF Analyst, highlighted the unusual nature of the launch, especially given that no spot XRP ETF has yet been approved. Leveraged and Inverse Exposure to XRP The three new ProShares ETFs will offer varying levels of exposure toĀ XRP. The Ultra XRP ETF will provide 2x leverage, amplifying the token’s price movements, while the Short XRP ETF will allow investors to bet against XRP’s performance. The Ultra Short XRP ETF, with its -2x leverage, will enable a higher level of inverse exposure. These funds cater to both retail and institutional investors seeking to capitalize on XRP’s price fluctuations without directly owning the token. The Growing Interest in XRP Futures This announcementĀ comes shortly after Teucrium Investment Advisors launched its own XRP ETF, which also offers leveraged exposure to the cryptocurrency. In addition, the CME Group has begun listing XRP futures contracts on its U.S. derivatives exchange, expanding its offerings to include products based on XRP, alongside Bitcoin, Ethereum, and Solana futures. The addition of XRP futures on regulated exchanges signals growing institutional interest in the token as a tradable asset. ProShares’ Strategic Move into the Digital Asset Market ProShares’ move into the cryptocurrency space with its new XRP ETFs is part of the company’s broader strategy to expand its offerings in regulated financial markets. While the SEC continues to review spot XRP ETF applications, these futures-based funds offer investors more options to engage with the asset. ProShares is positioning itself at the forefront of the growing digital asset sector, which continues to attract attention from both retail and institutional investors. As April 30 draws closer, the market is preparing for the launch of these highly anticipated products, which will provide a new avenue for exposure to XRP’s price movements within a regulated framework. #XRPETFs #xrp $XRP #ProShares

ProShares to Launch 3 Leveraged XRP Futures ETFs on April 30, 2025

Ā Jane KariukiĀ 28 April 2025Ā - CryptoNewsFocus.com

ProShares will launch three leveraged and short XRP futures ETFs on April 30, 2025, following tacit approval from the SEC.These ETFs provide investors with new ways to gain exposure to XRP’s price movements, marking a significant step in ProShares’ push into the digital asset sector.
On April 30, 2025, ProShares will launch three innovativeĀ XRPĀ futures ETFs, marking a significant milestone for the cryptocurrency investment landscape. These products—Ultra XRP ETF, Short XRP ETF, and Ultra Short XRP ETF—will provide leveraged and inverse exposure to the price movements of Ripple’s XRP token. Unlike traditional spot ETFs, these funds track XRP futures contracts rather than directly holding the asset, offering investors a new way to tap into XRP’s price dynamics.
The SEC’s Role in Approving New Crypto Products
The launch follows ProShares receiving tacit approval from the U.S. Securities and Exchange Commission (SEC). While the SEC did not formally object during the review period, it allowed the company to proceed with its offering. This marks a critical development as the SEC has yet to approve a spot XRP ETF, making ProShares’ futures-based products the first of their kind. Eric Balchunas, Bloomberg’s Senior ETF Analyst, highlighted the unusual nature of the launch, especially given that no spot XRP ETF has yet been approved.
Leveraged and Inverse Exposure to XRP
The three new ProShares ETFs will offer varying levels of exposure toĀ XRP. The Ultra XRP ETF will provide 2x leverage, amplifying the token’s price movements, while the Short XRP ETF will allow investors to bet against XRP’s performance. The Ultra Short XRP ETF, with its -2x leverage, will enable a higher level of inverse exposure. These funds cater to both retail and institutional investors seeking to capitalize on XRP’s price fluctuations without directly owning the token.
The Growing Interest in XRP Futures
This announcementĀ comes shortly after Teucrium Investment Advisors launched its own XRP ETF, which also offers leveraged exposure to the cryptocurrency. In addition, the CME Group has begun listing XRP futures contracts on its U.S. derivatives exchange, expanding its offerings to include products based on XRP, alongside Bitcoin, Ethereum, and Solana futures. The addition of XRP futures on regulated exchanges signals growing institutional interest in the token as a tradable asset.
ProShares’ Strategic Move into the Digital Asset Market
ProShares’ move into the cryptocurrency space with its new XRP ETFs is part of the company’s broader strategy to expand its offerings in regulated financial markets. While the SEC continues to review spot XRP ETF applications, these futures-based funds offer investors more options to engage with the asset. ProShares is positioning itself at the forefront of the growing digital asset sector, which continues to attract attention from both retail and institutional investors.
As April 30 draws closer, the market is preparing for the launch of these highly anticipated products, which will provide a new avenue for exposure to XRP’s price movements within a regulated framework.

#XRPETFs #xrp $XRP #ProShares
šŸ”„ Big news for XRP and crypto investors! The U.S. Securities and Exchange Commission (SEC) has approved the public launch of ProShares Trust's XRP futures ETFs, scheduled for April 30, 2025. ​ CryptoSlate AInvest +1 Crypto Briefing +1 ProShares will introduce three XRP futures-based ETFs:​ U.Today +6 AInvest +6 Crypto Briefing +6 ProShares Ultra XRP ETF: Aims to deliver approximately twice the daily return of XRP’s price movements.​ Crypto Briefing ProShares Short XRP ETF: Designed to profit from declines in XRP's price.​ ProShares UltraShort XRP ETF: Targets approximately twice the inverse (-2x) of XRP’s daily performance. ​ This development marks a significant step for XRP's integration into mainstream financial markets. Following the announcement, XRP's price rose by 3.5% over the past 24 hours, reaching $2.27 at the time of writing. ​ Crowdfund Insider CryptoSlate While these are futures-based ETFs, the approval has reignited discussions around potential spot XRP ETFs in the U.S., especially after Brazil approved its first XRP-spot ETF recently. ​ AInvest +4 FXEmpire +4 Crypto Briefing +4 šŸ“ˆ Stay tuned for more updates on XRP and the evolving ETF landscape! #xrp #ProShares #etf #SECApproval #CryptoInvesting
šŸ”„ Big news for XRP and crypto investors! The U.S. Securities and Exchange Commission (SEC) has approved the public launch of ProShares Trust's XRP futures ETFs, scheduled for April 30, 2025. ​
CryptoSlate
AInvest
+1
Crypto Briefing
+1

ProShares will introduce three XRP futures-based ETFs:​
U.Today
+6
AInvest
+6
Crypto Briefing
+6

ProShares Ultra XRP ETF: Aims to deliver approximately twice the daily return of XRP’s price movements.​
Crypto Briefing
ProShares Short XRP ETF: Designed to profit from declines in XRP's price.​
ProShares UltraShort XRP ETF: Targets approximately twice the inverse (-2x) of XRP’s daily performance. ​
This development marks a significant step for XRP's integration into mainstream financial markets. Following the announcement, XRP's price rose by 3.5% over the past 24 hours, reaching $2.27 at the time of writing. ​
Crowdfund Insider
CryptoSlate

While these are futures-based ETFs, the approval has reignited discussions around potential spot XRP ETFs in the U.S., especially after Brazil approved its first XRP-spot ETF recently. ​
AInvest
+4
FXEmpire
+4
Crypto Briefing
+4

šŸ“ˆ Stay tuned for more updates on XRP and the evolving ETF landscape!

#xrp #ProShares #etf #SECApproval #CryptoInvesting
The SEC has officially approved ProShares Trust’s XRP ETF for public launch — set to go live on April 30! This is a major milestone for $XRP and the crypto community. The countdown begins! #XRP #ETF #CryptoNews #ProShares #xrpetf
The SEC has officially approved ProShares Trust’s XRP ETF for public launch — set to go live on April 30!
This is a major milestone for $XRP and the crypto community.
The countdown begins!

#XRP #ETF #CryptoNews #ProShares #xrpetf
šŸš€ ProShares Set to Launch XRP Futures ETFs on April 30! šŸš€ ProShares is dropping three new XRP futures-based ETFs on April 30! Here’s what you need to know: 1ļøāƒ£ Ultra XRP ETF: 2x leverage šŸš€ 2ļøāƒ£ Short XRP ETF: Bet against XRP šŸ“‰ 3ļøāƒ£ Ultra Short XRP ETF: -2x leverage šŸ”» These ETFs offer new ways to trade XRP’s price without actually holding the token. It's a game-changer for those looking to leverage or hedge their XRP positions! šŸ’¼šŸ’” But that’s not all – CME Group is also adding XRP futures to their platform, joining the ranks of BTC, ETH, and SOL. šŸ’„ XRP’s market cap is over $127B, making it the 4th largest crypto! šŸŒšŸ’° Will this push XRP into the spotlight? šŸ¤” Drop your thoughts below! šŸ‘‡ #XRP #CryptoETFs #Futures #ProShares #XRPArmy #CryptoNews
šŸš€ ProShares Set to Launch XRP Futures ETFs on April 30! šŸš€

ProShares is dropping three new XRP futures-based ETFs on April 30! Here’s what you need to know:

1ļøāƒ£ Ultra XRP ETF: 2x leverage šŸš€
2ļøāƒ£ Short XRP ETF: Bet against XRP šŸ“‰
3ļøāƒ£ Ultra Short XRP ETF: -2x leverage šŸ”»

These ETFs offer new ways to trade XRP’s price without actually holding the token. It's a game-changer for those looking to leverage or hedge their XRP positions! šŸ’¼šŸ’”

But that’s not all – CME Group is also adding XRP futures to their platform, joining the ranks of BTC, ETH, and SOL. šŸ’„ XRP’s market cap is over $127B, making it the 4th largest crypto! šŸŒšŸ’°

Will this push XRP into the spotlight? šŸ¤” Drop your thoughts below! šŸ‘‡

#XRP #CryptoETFs #Futures #ProShares #XRPArmy #CryptoNews
šŸš€ $XRP jumps ~7% as the market lags! āœ… #SEC approves three XRP futures ETFs from #ProShares , giving institutions a new entry point. āš–ļø With Ripple’s case nearing resolution, momentum is building. #XRP #Crypto #Binance
šŸš€ $XRP jumps ~7% as the market lags!

āœ… #SEC approves three XRP futures ETFs from #ProShares , giving institutions a new entry point.

āš–ļø With Ripple’s case nearing resolution, momentum is building.

#XRP #Crypto #Binance
#Breaking ā—: The SEC has quietly approved three XRP-focused ETFs from ProShares! This week, ProShares will launch an Ultra XRP (2x), a Short XRP, and an Ultra Short XRP (-2x). Meanwhile, spot XRP ETF approvals are still pending, with Grayscale’s application due by May 22. #XRP #ETFs #ProShares #CryptoNews $XRP {future}(XRPUSDT)
#Breaking ā—: The SEC has quietly approved three XRP-focused ETFs from ProShares! This week, ProShares will launch an Ultra XRP (2x), a Short XRP, and an Ultra Short XRP (-2x). Meanwhile, spot XRP ETF approvals are still pending, with Grayscale’s application due by May 22.

#XRP
#ETFs #ProShares #CryptoNews
$XRP
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Bullish
šŸ”„ XRP Futures ETFs Are LIVE on April 30 — The Game Has Changed. šŸ”„ šŸ“ˆ ETF Lineup: Ultra XRP ETF: 2x leverage — double the exposure, double the thrill. Short XRP ETF: -1x leverage — profit from the dip. Ultra Short XRP ETF: -2x leverage — double the downside, double the opportunity. 🧠 What This Means: Institutional Access: XRP enters the regulated financial arena. Market Legitimacy: SEC approval signals growing acceptance. Investor Confidence: A pathway for traditional investors to engage with XRP. šŸ’„ Why It Matters: XRP Price Surge: XRP rallies 2.79% as ProShares secures SEC approval. Global Expansion: Hashdex launches first XRP-spot ETF in Brazil. Future Outlook: Spot ETF approval could attract $100 billion to XRP. šŸ› ļø How to Get Involved: Trading Platforms: Available on major platforms like Fidelity, Robinhood, and TD Ameritrade. ETF Codes: Search for ProShares XRP ETF on your platform starting April 30. Stay Informed: Follow official channels for updates and trading times. šŸ”„ The Bottom Line: ProShares' XRP Futures ETFs mark a pivotal moment for XRP's integration into mainstream finance. As the first of their kind in the U.S., they pave the way for broader adoption and potential future products. {spot}(AVAXUSDT) {spot}(SUIUSDT) {spot}(ADAUSDT) $BTC $ETH $XRP #crypto #Faisalcrypto007 #xrp #ProShares #etf Ā 
šŸ”„ XRP Futures ETFs Are LIVE on April 30 — The Game Has Changed. šŸ”„

šŸ“ˆ ETF Lineup:

Ultra XRP ETF: 2x leverage — double the exposure, double the thrill.
Short XRP ETF: -1x leverage — profit from the dip.
Ultra Short XRP ETF: -2x leverage — double the downside, double the opportunity.

🧠 What This Means:

Institutional Access: XRP enters the regulated financial arena. Market Legitimacy: SEC approval signals growing acceptance. Investor Confidence: A pathway for traditional investors to engage with XRP.

šŸ’„ Why It Matters:

XRP Price Surge: XRP rallies 2.79% as ProShares secures SEC approval. Global Expansion: Hashdex launches first XRP-spot ETF in Brazil. Future Outlook: Spot ETF approval could attract $100 billion to XRP.

šŸ› ļø How to Get Involved:

Trading Platforms: Available on major platforms like Fidelity, Robinhood, and TD Ameritrade. ETF Codes: Search for ProShares XRP ETF on your platform starting April 30. Stay Informed: Follow official channels for updates and trading times.

šŸ”„ The Bottom Line:

ProShares' XRP Futures ETFs mark a pivotal moment for XRP's integration into mainstream finance. As the first of their kind in the U.S., they pave the way for broader adoption and potential future products.




$BTC $ETH $XRP
#crypto #Faisalcrypto007 #xrp #ProShares #etf

Ā 
#XRPETFs**šŸš€ #XRPETFs Break New Ground: ProShares Launches Leveraged Futures ETFs Amid Regulatory Shifts** The crypto world is buzzing as ProShares secures regulatory clearance to launch three XRP futures ETFs on April 30, 2025, marking a pivotal moment for institutional adoption of Ripple’s XRP. Here’s what you need to know: --- #Proshares Trio of XRP Futures ETFs** - **Ultra XRP ETF (2x Leverage)**: Targets **2x** the daily return of XRP’s price. - **Short XRP ETF (-1x)**: Allows investors to profit from XRP’s price declines. - **Ultra Short XRP ETF (-2x)**: Offers **2x inverse exposure** to daily XRP performance. These ETFs track XRP futures contracts tied to the **CME XRP Index**, not the spot price, and avoid direct token ownership. The SEC’s tacit approval—by not objecting during the review period—cleared the path for launch. --- ### **2. Regulatory Context: Ripple’s Legal Victory Paves the Way** The ETFs arrive after **Ripple’s landmark settlement** with the SEC in March 2025, resolving a years-long lawsuit over XRP’s classification as a security. Key outcomes include: - The SEC dropping its appeal against Ripple’s programmatic sales ruling. - A reduced $50M fine (from $125M) for institutional sales. This legal clarity has emboldened regulators to greenlight crypto derivatives products, though **spot XRP ETFs** remain pending. --- ### **3. Market Impact & Price Action** - **XRP Price Surge**: XRP rose **3.5%** post-announcement, trading at **$2.27** (up from $2.19 earlier in April). Analysts eye a bullish run toward **$3.00** if ETF-driven momentum holds. - **Institutional Demand**: CME Group’s upcoming XRP futures (launching May 2025) and Teucrium’s existing **2x XRP ETF (XXRP)**—which saw $5M+ volume on day one—highlight growing institutional interest. --- ### **4. Spot ETFs: The Next Frontier** While futures ETFs advance, **spot XRP ETFs** face SEC scrutiny. Applications from Grayscale, Bitwise, and Franklin Templeton await decisions, with Polymarket odds favoring a **78% chance of approval in 2025**. Notably, **Brazil’s Hashdex** already launched the **XRPH11 spot ETF**, underscoring global divergence in regulatory approaches. --- ### **5. Risks & Considerations** - **Leverage Risks**: ProShares’ ETFs amplify gains/losses and face **compounding decay** in volatile markets. - **Regulatory Uncertainty**: The SEC’s hesitation on spot ETFs raises questions about its criteria for crypto products. --- ### **The Bigger Picture** These ETFs signal a **paradigm shift** in crypto regulation under the SEC’s new leadership, aligning with pro-innovation policies post-Trump’s election. For XRP, the focus now shifts to **spot ETF approvals** and broader adoption in cross-border payments. šŸ“ˆ **Price Outlook**: A favorable SEC settlement and ETF progress could propel XRP toward **$5** long-term. Conversely, delays may test support at **$1.50**. --- **Stay tuned—the XRP revolution is just beginning.** šŸ‘‰ Follow for real-time updates on #XRPETFs, regulatory moves, and market analysis! *Disclaimer: This post is for informational purposes only. Crypto investments carry high risk; conduct your own research.*

#XRPETFs

**šŸš€ #XRPETFs Break New Ground: ProShares Launches Leveraged Futures ETFs Amid Regulatory Shifts**

The crypto world is buzzing as ProShares secures regulatory clearance to launch three XRP futures ETFs on April 30, 2025, marking a pivotal moment for institutional adoption of Ripple’s XRP. Here’s what you need to know:
---
#Proshares Trio of XRP Futures ETFs**
- **Ultra XRP ETF (2x Leverage)**: Targets **2x** the daily return of XRP’s price.
- **Short XRP ETF (-1x)**: Allows investors to profit from XRP’s price declines.
- **Ultra Short XRP ETF (-2x)**: Offers **2x inverse exposure** to daily XRP performance.

These ETFs track XRP futures contracts tied to the **CME XRP Index**, not the spot price, and avoid direct token ownership. The SEC’s tacit approval—by not objecting during the review period—cleared the path for launch.
---
### **2. Regulatory Context: Ripple’s Legal Victory Paves the Way**
The ETFs arrive after **Ripple’s landmark settlement** with the SEC in March 2025, resolving a years-long lawsuit over XRP’s classification as a security. Key outcomes include:
- The SEC dropping its appeal against Ripple’s programmatic sales ruling.
- A reduced $50M fine (from $125M) for institutional sales.

This legal clarity has emboldened regulators to greenlight crypto derivatives products, though **spot XRP ETFs** remain pending.
---
### **3. Market Impact & Price Action**
- **XRP Price Surge**: XRP rose **3.5%** post-announcement, trading at **$2.27** (up from $2.19 earlier in April). Analysts eye a bullish run toward **$3.00** if ETF-driven momentum holds.
- **Institutional Demand**: CME Group’s upcoming XRP futures (launching May 2025) and Teucrium’s existing **2x XRP ETF (XXRP)**—which saw $5M+ volume on day one—highlight growing institutional interest.

---

### **4. Spot ETFs: The Next Frontier**
While futures ETFs advance, **spot XRP ETFs** face SEC scrutiny. Applications from Grayscale, Bitwise, and Franklin Templeton await decisions, with Polymarket odds favoring a **78% chance of approval in 2025**. Notably, **Brazil’s Hashdex** already launched the **XRPH11 spot ETF**, underscoring global divergence in regulatory approaches.

---

### **5. Risks & Considerations**
- **Leverage Risks**: ProShares’ ETFs amplify gains/losses and face **compounding decay** in volatile markets.
- **Regulatory Uncertainty**: The SEC’s hesitation on spot ETFs raises questions about its criteria for crypto products.

---

### **The Bigger Picture**
These ETFs signal a **paradigm shift** in crypto regulation under the SEC’s new leadership, aligning with pro-innovation policies post-Trump’s election. For XRP, the focus now shifts to **spot ETF approvals** and broader adoption in cross-border payments.

šŸ“ˆ **Price Outlook**: A favorable SEC settlement and ETF progress could propel XRP toward **$5** long-term. Conversely, delays may test support at **$1.50**.

---

**Stay tuned—the XRP revolution is just beginning.**
šŸ‘‰ Follow for real-time updates on #XRPETFs, regulatory moves, and market analysis!

*Disclaimer: This post is for informational purposes only. Crypto investments carry high risk; conduct your own research.*
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Bullish
See original
Let's have a chat about the $XRP , which is making headlines. If you thought it was off the radar, check this out: the SEC approved three futures ETFs of the #ProShares , with a launch date set for April 30. It's XRP entering the circuit of the big players. But hold on, it's still not the spot ETF we've been eagerly waiting for. That one depends on the outcome of Ripple's case with the SEC. Negotiations are underway, and if everything goes well, the path for the spot ETF becomes clearer. ļæ¼ Meanwhile, here in Brazil, we got ahead! Hashdex launched the world's first spot ETF for XRP, XRPH11 on B3. This shows that XRP is gaining space and respect in the traditional market. ļæ¼ In the market, XRP has already felt the effects. The price rose to US$ 2.23, and trading volume increased significantly. So, what to expect? If the #ETF spot is approved in the US, XRP could gain even more traction. But, as always, it's good to keep an eye on the next moves and stay cautious. {spot}(XRPUSDT)
Let's have a chat about the $XRP , which is making headlines. If you thought it was off the radar, check this out: the SEC approved three futures ETFs of the #ProShares , with a launch date set for April 30. It's XRP entering the circuit of the big players.

But hold on, it's still not the spot ETF we've been eagerly waiting for. That one depends on the outcome of Ripple's case with the SEC. Negotiations are underway, and if everything goes well, the path for the spot ETF becomes clearer. ļæ¼

Meanwhile, here in Brazil, we got ahead! Hashdex launched the world's first spot ETF for XRP, XRPH11 on B3. This shows that XRP is gaining space and respect in the traditional market. ļæ¼

In the market, XRP has already felt the effects. The price rose to US$ 2.23, and trading volume increased significantly.

So, what to expect? If the #ETF spot is approved in the US, XRP could gain even more traction. But, as always, it's good to keep an eye on the next moves and stay cautious.
Thiagotalisma:
se não tem nenhuma pra que ficar comentando sobre ela. vai compra menecoin
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XRP: Riding the Wave of ETF Anticipation and Legal Battles$XRP The cryptocurrency world continues to closely monitor developments around XRP, where key factors remain the legal battle with #SEC and the prospects of launching exchange-traded funds (#etf ). šŸ”¹Legal Front: Appeal Uncertainty. šŸ”¹Despite previous reports of a possible withdrawal of the SEC's appeal in the high-profile case against #Ripple the situation remains uncertain. Ripple's efforts towards settling the appeal process contrast with the SEC's court filings that indicate the continuation of the case review. Lawyer Bill Morgan emphasized this contradiction, noting the confusion surrounding the current status of the trial. The recent rejection by the SEC of an urgent request for additional evidence, arguing that the case is in the appeals court, only adds to the tension.

XRP: Riding the Wave of ETF Anticipation and Legal Battles

$XRP The cryptocurrency world continues to closely monitor developments around XRP, where key factors remain the legal battle with #SEC and the prospects of launching exchange-traded funds (#etf ).
šŸ”¹Legal Front: Appeal Uncertainty.
šŸ”¹Despite previous reports of a possible withdrawal of the SEC's appeal in the high-profile case against #Ripple the situation remains uncertain. Ripple's efforts towards settling the appeal process contrast with the SEC's court filings that indicate the continuation of the case review. Lawyer Bill Morgan emphasized this contradiction, noting the confusion surrounding the current status of the trial. The recent rejection by the SEC of an urgent request for additional evidence, arguing that the case is in the appeals court, only adds to the tension.
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Bullish
ProShares Files for Leveraged & Inverse XRP ETFs, Reports Cointelegraph Cointelegraph has confirmed that ProShares is moving ahead with plans to launch leveraged and inverse XRP ETFs, as well as an XRP futures ETF. This news comes as XRP continues to solidify its presence in the global crypto market. Key Details: Leveraged XRP ETF: Offers amplified exposure to XRP price movements for traders seeking higher returns. Inverse XRP ETF: A tool to profit from falling XRP prices, catering to bearish strategies. XRP Futures ETF: Brings futures contracts to investors, opening doors to institutional participation. Market Implications: 1. Accessibility: ETFs lower the barrier for traditional investors to access XRP. 2. Liquidity Boost: These ETFs could bring significant trading volume, driving liquidity. 3. Regulatory Confidence: The filing signals optimism regarding XRP's standing with regulators. This marks another step toward mainstream adoption of crypto assets, with XRP leading the charge. As ProShares broadens its crypto ETF offerings, market participants have more tools than ever to engage with XRP. Source: Cointelegraph #XrpšŸ”„šŸ”„ #ETFs #ProShares $XRP {spot}(XRPUSDT)
ProShares Files for Leveraged & Inverse XRP ETFs, Reports Cointelegraph

Cointelegraph has confirmed that ProShares is moving ahead with plans to launch leveraged and inverse XRP ETFs, as well as an XRP futures ETF. This news comes as XRP continues to solidify its presence in the global crypto market.

Key Details:

Leveraged XRP ETF: Offers amplified exposure to XRP price movements for traders seeking higher returns.

Inverse XRP ETF: A tool to profit from falling XRP prices, catering to bearish strategies.

XRP Futures ETF: Brings futures contracts to investors, opening doors to institutional participation.

Market Implications:

1. Accessibility: ETFs lower the barrier for traditional investors to access XRP.

2. Liquidity Boost: These ETFs could bring significant trading volume, driving liquidity.

3. Regulatory Confidence: The filing signals optimism regarding XRP's standing with regulators.

This marks another step toward mainstream adoption of crypto assets, with XRP leading the charge. As ProShares broadens its crypto ETF offerings, market participants have more tools than ever to engage with XRP.

Source: Cointelegraph
#XrpšŸ”„šŸ”„ #ETFs #ProShares
$XRP
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ProShares Plans XRP-Based ETFsšŸ”¹Amid optimism for improved US regulations, perhaps under new leadership of the Securities and Exchange Commission. šŸ”¹ Trinity College partners with Ripple on its UBRI programme, leading blockchain research and operating the XRPL validator in Dublin. šŸ”¹ Fueled by legal victories and institutional interest, XRP is experiencing 500% growth and showing strong signs of continued upward momentum.

ProShares Plans XRP-Based ETFs

šŸ”¹Amid optimism for improved US regulations, perhaps under new leadership of the Securities and Exchange Commission.
šŸ”¹ Trinity College partners with Ripple on its UBRI programme, leading blockchain research and operating the XRPL validator in Dublin.
šŸ”¹ Fueled by legal victories and institutional interest, XRP is experiencing 500% growth and showing strong signs of continued upward momentum.
Midday News Update #Web3 šŸ“ˆ Ethereum Spot ETF records $47.59M net inflows yesterday šŸ“Š ProShares files for 3 hedged ETFs tracking indices, gold, and Bitcoin with SEC šŸ’¹ Volatility Shares applies for leveraged ETF based on Solana futures šŸ’° US election boosts net worth of Ripple CEO and a16z co-founder šŸ”” OpenSea Foundation spokesperson responds to token launch rumors: More information coming soon #Ethereum #ETF #ProShares #Solana #Ripple #OpenSea #Crypto #Web3
Midday News Update #Web3

šŸ“ˆ Ethereum Spot ETF records $47.59M net inflows yesterday

šŸ“Š ProShares files for 3 hedged ETFs tracking indices, gold, and Bitcoin with SEC

šŸ’¹ Volatility Shares applies for leveraged ETF based on Solana futures

šŸ’° US election boosts net worth of Ripple CEO and a16z co-founder

šŸ”” OpenSea Foundation spokesperson responds to token launch rumors: More information coming soon

#Ethereum #ETF #ProShares #Solana #Ripple #OpenSea #Crypto #Web3
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