#XRPETFs

The U.S. Securities and Exchange Commission (SEC) has approved the launch of the XRP ETF, backed by ProShares Trust, scheduled for April 30, 2025. This authorization, through Form N-1A, represents a significant advancement in the market for cryptocurrency-linked ETFs, expanding investment options in digital assets beyond Bitcoin and Ethereum. ProShares, recognized for pioneering the launch of Bitcoin futures ETFs, aims to replicate this success with XRP. The introduction of the ETF could enhance liquidity and the perception of the Ripple token, generating a potential bullish trend in its value.