#XRPETFs
XRP News Today: Will XRP Reach $5? ETFs and SEC Settlement in Focus
Key Points:
#XRPRealityCheck RP gained 0.42% on April 26 to close at $2.1916, reflecting an increase in the cryptocurrency market capitalization to $2.92 trillion.
ProShares will launch three XRP Futures ETFs on April 30, increasing investor interest in exposure to XRP.
Approvals for XRP ETFs may depend on the withdrawal of the SEC's appeal and a favorable settlement in the Ripple case.
ProShares XRP ETFs Set to Launch Amid Legal Advances
Investors are preparing for a potential game changer in the XRP market. On Saturday, April 26, XRP gained 0.42%, partially reversing the 1.03% loss from Friday to close at $2.1916. The token mirrored the broader cryptocurrency market, which rose by 0.31%, bringing the total market capitalization to $2.92 trillion.
News related to the XRP ETF increased demand for XRP. ProShares is set to launch its three XRP Futures ETFs on Wednesday, April 30. The ETFs, ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF, will offer investors exposure to XRP price trends without having to directly own the token.