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Major Ripple ETF Update: Watch This Date if You Hold XRP

  • ProShares's approved futures XRP ETFs do not have a confirmed launch date yet, according to Bloomberg's James Seyffart.
  • US investors are waiting for a spot XRP ETF, with companies like Grayscale, Franklin Templeton, and Bitwise pushing for approval.
  • Ripple's three approved XRP ETFs, including Ultra XRP ETF and Short XRP ETF, have triggered a price increase for the cryptocurrency.
  • While other XRP ETFs are being pursued in the US, the first spot XRP ETF was launched in Brazil by Hashdex in February.

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