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Hold The Hype—XRP ETF Not Arriving April 30, Analyst Says

  • Rumors of ProShares launching XRP ETFs on April 30 were dispelled by Bloomberg ETF analyst, James Seyffart, clarifying that no official release date has been set.
  • ProShares have confirmed that there are no ETF launches scheduled for April 30, and no specific timeline for future launches has been provided.
  • XRP's price has remained stable despite the confusion, currently trading at $2.28 with a slight increase above its intraday low.
  • New XRP ETFs will not hold actual tokens but will utilize futures contracts, offering indirect exposure to XRP price movements.

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