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On April 28, 2025, the SEC officially approved ProShares to introduce three XRP futures ETFs. These ETFs, which will be available for trading in standard brokerage accounts beginning on April 30, allow investors to speculate on or hedge against XRP price fluctuations without the need to hold XRP tokens or use a cryptocurrency wallet directly. Following formal approval, XRP futures ETFs triggered a rapid price increase of over 6%, briefly pushing XRP's value to $2.28. This surge occurred amidst some trader confusion regarding the specific product type. Understanding the Impact of Recent "Futures ETF" Approvals on the Tokent. ---> SEC approval of an XRP futures product suggests regulatory acceptance of its market structure, which could attract large investors and banks. ---> Industry experts see this as the first of a possible series of events. A history review shows that Bitcoin and Ether spot-ETFs were behind their futures-only counterparts by 2–3 years. XRP futures ETFs do not hold the cryptocurrency directly. Instead, they invest in contracts speculating on its future price. Consequently, these ETFs may incur "roll costs" and experience leverage fluctuations, making them a more complex investment than directly owning XRP tokens. #XRPETFs #Xrp🔥🔥 #TariffPause $XRP
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Understanding Ethereum: A Basic Guide
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On May 1, 2025, an imminent token unlock is scheduled to occur for Sui (SUI), resulting in the release of 88.34 million SUI tokens. This is about 0.88% of the total SUI supply, and it's worth about $326.82 million. Currently, $SUI is priced at $3.71, showing a +2.86% change. Tracking these upcoming unlock events is crucial due to their potential impact on market activity. Source: tokentrack #sui #SUI🔥 #blockchain #TrumptaxCuts
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$SUI coin Market: Note: Crypto prices remain volatile. Do Your Own Research (DYOR) before investing Price: $3.67 - 3.69 USD Market cap: Ranking #12 by market cap at roughly $11.8 billion, with 3.25 billion tokens circulating In late April, the Sui DEX saw significant activity, with its 24-hour trading volume exceeding $599 million. This surge in usage also pushed the total value locked on the platform past $1.6 billion, highlighting the growing adoption within the Sui ecosystem. Recent Price Move: SUI surged 70% in a single week in April 2025, driven by technical breakouts, rising TVL, and renewed developer engagement Price Prediction: Continued growth in on-chain activity and institutional adoption suggests a potential price target of $8 - 10. #TrumptaxCuts #TariffPause #SUİ #SUI🔥
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