$XRP JUST IN!!! THE SEC JUST APPROVED THIS! THIS IS HUGE FOR $XRP ! BLACKROCK SAYS IT IS NOT HAPPENING! šØ
ā Whatās Actually Happened:
The SEC has officially approved the ProSharesāÆUltra XRP ETF, which will be listed on NYSE Arca under ticker UXRPāa leveraged futures-based product (2Ć daily exposure), not a spot ETF
This marks the first regulated XRP ETF linked directly to XRP futures and represents real institutional-level access to the token FinTech Weekly - Home Page+1Crypto Basic+1.
š„ Why This Matters:
The black-and-white approval signals increasing legitimacy for XRP via regulated investment vehicles, even if spot ETFs remain pending CryptoPotatoCrypto BriefingReuters.
While the ETF is leveraged (meant for short-term traders), it opens the door to broader regulatory acceptance of XRP products down the line
$XRP #.
š« Whatās Not Happening: BlackRock XRP ETF
BlackRock has not filed for an XRP ETF, and has publicly denied any plans despite ongoing speculation CryptoRank+3Binance+3coincentral.com+3.
Experts confirm: rumors of a BlackRock XRP ETF are false. The firm continues to focus on Bitcoin and Ethereum ETFs while watching XRP developments closely, but no confirmed XRP filing exists Binance+1coincentral.com+1.
š§ Post Text (Ready to Share):
pgsqlCopyEditšØ XRP JUST IN!!! THE SEC JUST APPROVED THIS! THIS IS HUGE FOR XRP! BLACKROCK SAYS IT IS NOT HAPPENING!
ā SEC has greenālit the ProShares Ultra XRP ETF (UXRP) ā futuresābased, 2Ć daily exposure.
š This is the first regulated way for institutional investors to access XRP via U.S. markets.
š BlackRock has NOT filed for an XRP ETF. All rumors claiming otherwise are falseāconfirmed rejections from BlackRock sources.
XRP holders: this approval is real hypeābut not the clickbait about BlackRock. Real progress, real clarity, real regulated access. #Xrpš„š„ #XRPRealityCheck BinanceWriteToEarn CryptoGems