#XRPETFs

ProShares XRP Exchange-Traded Fund Rumors Cause Market Confusion - What We Know So Far

Despite rumors that the U.S. Securities and Exchange Commission (SEC) approved the instant XRP exchange-traded fund, this is inaccurate. The only new development pertains to ProShares' leveraged exchange-traded funds and short XRP futures contracts, which will begin trading on April 30. It is unclear how these false claims will affect the price of XRP today, but they have caused quite a stir. Recently, false cryptocurrency news has spread, which may negatively impact investor confidence.