#XRPETF
🚀Exchange-traded funds for XRP futures are coming, but the price will drop anyway
🧊The price of XRP has decreased by 0.86% even with the hype surrounding ProShares' launch of XRP futures exchange-traded funds on April 30.
📉These funds do not hold XRP directly, but only futures contracts, swaps, and cash equivalents like treasury bonds.
📈However, they may raise prices in the short term by giving ordinary investors and litigants a chance to gain exposure to XRP without the need for custody.
🗳️Trump's victory and the uncertainty surrounding the Securities and Exchange Commission may open the door for an immediate exchange-traded fund for XRP in 2025 - applications have already been submitted.
⚖️But until the SEC's case against Ripple is resolved, the price of XRP remains stuck in a state of uncertainty. His victory may push its price over $3.
📊The XRP price chart does not look good - closely monitor legal news, ETF movements, and macroeconomic forecasts.
