๐Ÿšซ No XRP ETF Launch from ProShares on April 30 โ€” But Here's What You Should Know ๐Ÿ‘‡

Despite swirling rumors, ProShares has confirmed:

๐Ÿ—“ โ€œNo ETF launches scheduled for Wednesday, April 30,โ€

๐Ÿ“ฃ No timeline confirmed. No further news... yet.

So where did the confusion come from? ๐Ÿค”

๐Ÿ” It started with a regulatory filing on April 15 that some media misinterpreted as a launch trigger.

Even top analysts like @JSeyff and @strack_ben have clarified: ๐Ÿšจ No XRP ETF this week.

๐Ÿ’ฅ But donโ€™t tune out just yet. Hereโ€™s the real story:

๐Ÿ”„ Futures-Based XRP ETFs Are Coming

These upcoming ETFs won't hold XRP directly. Instead, they'll track it via futures contracts, giving investors indirect exposure.

โžก๏ธ ProShares and others are eyeing:

Leveraged XRP ETFs

Inverse XRP ETFs

Think: amplified gainsโ€”or lossesโ€”for short-term traders.

โš–๏ธ SEC & Spot ETF: Still Waiting

Firms like Grayscale and Bitwise continue to push for a spot XRP ETF, but regulatory delays persist. Why?

๐Ÿง  Futures ETFs face fewer hurdles vs. spot products, which demand stricter oversight.

๐Ÿ“ˆ Meanwhile, XRP trades steadily at $2.28, with market cap near $133B and volume surging 27% in 24h.

๐Ÿ’ก Prediction markets (Polymarket) now give a 78% chance of XRP ETF approval this year. Things are heating up.

๐Ÿ”ฎ Bottom Line:

No XRP ETF yet โ€” but the infrastructure is quietly being built. Futures-based products are stepping in as regulators stall spot ETFs. Stay sharp. The window for XRP adoption may open faster than expected.

#xrp #ETFs. #CryptoNewss #BinanceSquareTalks