The US SEC has approved ProShares' three XRP futures ETFs to be listed at the end of the month, including long, short, and leveraged products.

Although it is not spot trading, it broadens investment tools and liquidity.

Ripple's president has made it clear that there will be no IPO in 2025, prioritizing the resolution of the lawsuit with the SEC.

The short-term stimulus from the ETF is limited, and the long-term impact will depend on the final legal rulings.

XRP is quite special and very centralized; we look forward to ETFs for other coins.