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ProShares Pushes Back XRP ETF Launch to May 14, But That’s Not a Setback.
ProShares has filed an amendment delaying the public offering of its XRP ETF, now rescheduled for May 14, 2025. While the launch was originally expected sooner, this adjustment is not unusual.
Delays like this aren't rejections, they're part of the normal regulatory process. ETF filings, especially those involving digital assets like XRP, often undergo multiple rounds of review as the landscape continues to evolve.
Rather than a red flag, this move underscores the growing institutional interest in XRP. The market is watching closely and so should you. #Xrp🔥🔥
XRP is gaining massive momentum after Ripple’s major SEC win. ProShares is launching three XRP ETFs (Ultra XRP, Short XRP, Ultra Short XRP), while Grayscale's Spot XRP ETF decision looms by May 22. CME futures are coming too!
On the charts, XRP has broken above key moving averages and is forming strong bullish patterns. Short-term resistance at $2.35 is key — a clean breakout could open the path to $3, and beyond to $4.50–$5.00 based on Fibonacci targets. While a 30x move to $70 in May is unlikely, a 2x–5x rally ($4–$10) looks realistic if catalysts align.
Big catalysts:
ProShares ETFs launching
Grayscale XRP Spot ETF decision (May 22)
CME XRP futures
May 2025 could be XRP’s turning point. Buy now before is too late #XRPETFs $XRP