#XRPETFs On Monday, April 28, Bloomberg Intelligence ETF analyst James Seyffart addressed reports suggesting that ProShares would launch three XRP Futures ETFs on April 30. Seyffart clarified .XRP climbs over 3% on Monday, hovering around $2.33 at the time of writing. The rally is likely catalyzed by key market movers like XRP futures Exchange Traded Funds (ETFs) approval by the US financial regulator, the Securities and Exchange Commission (SEC), and a bullish outlook from technical indicators amid a broader crypto market recovery.

XRP holders awaited an announcement from Ripple regarding an IPO in 2025. However, Ripple President, Monica Long, ended the speculation on the subject and affirmed on Thursday that the payment remittance firm has “billions of dollars in cash,” and is financially strong.