#TrumpTaxCuts Sunday forward jump regarding XRP of Ripple, which on an otherwise sluggish Sunday for the entire sector reaches a price of $2.20. The enthusiasm is sparked by a news item reported halfway across various social media. There has indeed been an update for some of the ETFs on XRP that are to be launched in the USA.
These are the ETFs from ProShares, whose approval had been requested by the company in January and which include three different products, two of which are short and one is long 2x.
ProShares is a company that has long quoted crypto ETFs based on futures – and had done the same with Bitcoin, only to relatively end up in obscurity with the arrival of spot ETFs.