💰 XRP's price jumped after the SEC approved ProShares to launch three XRP futures ETFs (UltraShort XRP, Ultra XRP, and Short XRP), set to start trading on April 30, 2025. Following the news, XRP rose to around $2.32, with market cap and trading volume surging sharply. These ETFs are futures-based, meaning investors speculate on XRP’s price without owning the actual token. This approval follows earlier XRP ETF launches and hints at growing institutional interest, but the market is still awaiting any approval for spot XRP ETFs, which would have a bigger direct impact on demand.
🔍Cryptocurrency investments carry risks. Therefore, this is not financial advice (No BSH recommendation). Hence please do your own research (DYOR) before making investment decisions. 🚨
