#XRPETF

Can XRP Hit $5? ETFs and SEC Settlement in the Spotlight?

Investors brace for a potential game-changer in the #xrp market. On Saturday, April 26, #Xrp🔥🔥 gained 0.42%, partially reversing Friday’s 1.03% loss to close at $2.1916. The token mirrored the broader crypto market, which rose 0.31%, bringing the total market cap to $2.92 trillion.

#XRPETF -related news bolstered XRP demand. ProShares is set to launch its three XRP Futures ETFs on Wednesday, April 30. The ETFs, ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF, will offer investors exposure to XRP price trends without holding the token directly.

The expansion of Futures ETFs reflects growing regulatory acceptance of XRP as an asset class. Importantly, investors may consider the futures market as a stepping stone toward an XRP-spot ETF market.

SEC Appeal Withdrawal