ProShares’ XRP futures ETFs will not start trading on April 30, as confirmed by Bloomberg analyst James Seyffart. The SEC has approved the ETFs, but there is no confirmed launch date yet. These ETFs will provide a regulated way for institutional investors to speculate on XRP’s price volatility without the need for direct custody of digital assets. The approval of these ETFs comes during a period of increased momentum in crypto-related financial products, with ProShares also having a pending application for a spot XRP ETF. JPMorgan predicts that XRP ETPs could see significant net inflows.

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