#XRPETFs

ProShares XRP Exchange-Traded Fund rumors create confusion in the market - 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 inaccurate. The only new development concerns 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 impact the price of XRP today, but they have caused quite a stir. Recent false cryptocurrency news has spread, which may negatively affect investor confidence.