US SEC Approves Launch of XRP Futures ETFs on April 30th.
The United States Securities and Exchange Commission (US SEC) has approved ProShares' launch of XRP futures exchange-traded funds (ETFs) on April 30, the company said in a filing with the SEC.
The launch of these XRP ETFs offer users a “regulated” path to making profit from XRP tokens, and could pave the way for institutional interest. The moves are already positive. Notably, after their ETF products were rolled out, both Solana and XRP have seen increased interest from institutional investors.
Huge inflows are expected. Hence, surge in price is anticipated.
