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

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