Big developments today in the world of #XRPETFs ! The SEC has officially given ProShares the green light to launch not one, but three XRP Futures ETFs. This is a significant move, and these new ETFs are slated to begin trading this Wednesday, April 30th.
While the crypto community is still eagerly awaiting the approval of a spot XRP ETF in the US, this futures approval is widely considered a positive indicator. It suggests a growing regulatory comfort with XRP as an asset. Interestingly, Brazil has already taken the lead, launching the very first spot XRP ETF. This makes many wonder if the US will follow suit. The conversation and anticipation around $XRP continue to gain momentum!