#XRPETF

The SEC approves the launch date of ProShares' XRP ETF.

In a significant milestone for the crypto industry, the U.S. Securities and Exchange Commission (SEC) has officially approved a public launch date for the ProShares Trust XRP ETF.

According to information shared by Cointelegraph, the ETF is expected to go public on April 30, 2025.

The approval, confirmed through a registration statement of Form N-1A, represents a significant expansion of the cryptocurrency ETF landscape. Until now, much of the regulatory progress has focused on Bitcoin and Ethereum products, making XRP's entry into the ETF market a fundamental development.

What This Means for XRP and the Crypto Market in General

ProShares, a firm known for pioneering the first Bitcoin futures ETF in the United States, is now set to offer investors easier and regulated exposure to XRP, one of the oldest and most established cryptocurrencies in the market.

With the public launch date set for April 30, all eyes will be on XRP's market performance as the new ETF becomes available.

If past patterns hold, the added liquidity and visibility could provide significant tailwinds for XRP in the following months.

For cryptocurrency investors and market watchers alike, April 30 may mark another historic date in the evolution of digital asset investment.