Confusion in the Market with #XRPETFs on the Stock Exchange - What We Know So Far

Despite rumors suggesting that the U.S. Securities and Exchange Commission (SEC) has approved the spot XRP exchange-traded fund, this is not accurate. The only new development relates to ProShares' leveraged exchange-traded funds and short XRP futures contracts, which will begin trading on April 30. It is unclear how much impact these false claims will have on the price of XRP today, but they have created quite a stir. False cryptocurrency news has spread recently, and this may negatively affect investor confidence.