ProShares XRP Exchange-Traded Fund 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 exchange-traded fund, this is inaccurate. The only new development pertains to ProShares' leveraged exchange-traded funds and short XRP futures contracts, which will start trading on April 30. It is unclear how much impact these false claims will have on the price of XRP today, but they have created a significant stir. False cryptocurrency news has been spreading recently, and this could negatively affect investor confidence
