#XRPETFs #XRPETFs I started doing the homework to research the Ripple ETF, I managed to get this
The United States 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 advance in the market for cryptocurrency-linked ETFs, expanding investment options in digital assets beyond Bitcoin and Ethereum. ProShares, known for pioneering the launch of Bitcoin futures ETFs, seeks to replicate this success with XRP. The introduction of the ETF could enhance liquidity and the perception of the Ripple token, generating a possible bullish trend in its value.
Well, on my part, I wish good luck to those who invest and I wish you many profits, but I will particularly watch from the outside.