Key dealers
- Proshares delayed the launch of their XRP -Futures ETFs, without any specific date set.
- The marketing entry for approval of an XRP ETF remains positive, especially after CME Group’s XRP futures message.
Proshares will not launch their XRP -Futures ETFs on April 30, Bloomberg ETF analyst James Seyffart confirmed Today, earlier reports counteract the expected debut date.
Update: Many people who publish/report that @PRoshares will launch XRP ETFS on April 30. We have confirmed that this is not the case. We do not have a confirmed launch date yet, but we believe they will be launched – and are probably launched in the short or possibly medium term.
– James Seyffart (@jseyff) April 28 2025
While a launch is expected, Proshares has not set a specific date for the introduction of their three Suggested XRP -Futures Products: The short XRP ETF, Ultra XRP ETF and Ultrashort XRP ETF.
XRP currently deals with $ 2.27, an increase of 1.5% on the day and 9% in the last seven days. The asset recently hit a 30-day altitude of $ 2.36 but still traces the performance for other major warehouse-1 assets.
The marketing position against an XRP ETF approval remains positive, especially after Paul Atkin’s appointment as SEC chairman.
CME Group’s latest announcement to introduce XRP futures has further strengthened expectations of a potential spot ETF after the closing of Ripple Lab’s SEC’s legal procedures.
