#XRPETF According to Odaily, crypto journalist Eleanor Terrett stated on platform X that the three ProShares XRP ETFs are not spot products. Instead, they are applications for futures and credit/inverse products. Unlike spot products, they do not require explicit "approval" from the U.S. Securities and Exchange Commission (SEC). They come into effect if the SEC does not raise any objections within a certain period after the application is submitted. $XRP