It seems that XRP is the currency of the future because most companies support this currency. There are rumors regarding the ProShares XRP exchange-traded fund that are causing confusion in the market - what we know so far. Despite rumors that the U.S. Securities and Exchange Commission (SEC) has approved the spot XRP exchange-traded fund, this is not accurate. The only new development concerns ProShares’ leveraged exchange-traded funds and short XRP futures, which will begin trading on April 30. It is unclear how these false claims will affect the price of XRP today, but they have created a significant stir. Recently, false cryptocurrency news has spread, and this could negatively impact investor confidence. The launch of an exchange-traded fund (ETF) based on XRP from Ripple would be a pivotal step that could reshape the dynamics of the cryptocurrency market. The idea of an XRP ETF means traditional investors will need to hold XRP.