SEC Greenlights ProShares’ XRP Futures ETFs—Trading Goes Live April 30
Wall Street’s crypto grudges thaw further as regulators approve yet another derivative product—just in time for May’s volatility.
ProShares gets the nod: The ETF specialist will launch its XRP-linked futures product this week, joining the growing roster of crypto-adjacent offerings. Because what the market really needed was more synthetic exposure.
Timing is everything: The April 30 launch dodges Q1 reporting season, letting institutions quietly accumulate positions before the next ’crypto summer’ narrative takes hold. Watch the open interest—not the press releases.