#XRPETFs

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ProShares XRP ETF rumors cause market confusion - What we know so far

Despite rumors that the U.S. Securities and Exchange Commission (SEC) has approved the spot XRP ETF, this is inaccurate. The only new development pertains to ProShares' leveraged ETFs and short XRP futures, which will begin trading on April 30. It is unclear how these false claims will impact 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.