BTCC
/
BTCC Square
/
CoingabbarEN
/
SEC Greenlights XRP Futures ETFs—ProShares Set to Launch April 30
SEC Greenlights XRP Futures ETFs—ProShares Set to Launch April 30
5
2
Wall Street’s latest crypto pivot lands with a thud—just in time for May’s volatility. ProShares beats the rush with first-mover advantage, though skeptics whisper ’too little, too late’ after years of regulatory foot-dragging.
The setup: Leveraged ETFs targeting XRP futures contracts, not the asset itself—because why hold the bag when you can bet on the bag? Launch timing suspiciously aligns with Q2 earnings season, because nothing spices up a balance sheet like speculative derivatives.
Bottom line: Traders get new toys, lawyers get new billable hours, and the SEC gets to pretend it’s leading innovation instead of chasing it. Place your bets—the house always wins.
The U.S. Securities and Exchange Commission has formally sanctioned ProShares Trust to list a number of XRP futures ETFs. The new ETFs will begin trading on April 30, 2025. The SEC, however, still hasn’t granted approval for spot XRP ETFs yet. Read More
By:
Previous
Bitcoin Targets $200K as Meme Coins Emerge as Contrarian Plays
Next
Hamster Kombat Devs Drop Crypto Cipher Challenge—Gamers Scramble for April 28 Rewards
