๐๐๐๐๐ฅ๐ฅ๐ฅ๐ฅ๐ฅProShares' XRP ETFs Focus on Futures and Leveraged Products According to Odaily,
crypto journalist Eleanor Terrett stated on the X platform that ProShares' three XRP ETFs are not cash products. Instead, they are applications for futures and leveraged/inverse products. Unlike cash products, these do not require explicit "approval" from the U.S. Securities and Exchange Commission (SEC). They are effective as long as the SEC does not raise any objections within a certain period after the application is submitted.
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