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ProShares Clarifies: No XRP ETF Launch on April 30, Bloomberg Analyst Confirms

  • ProShares clarifies that no XRP ETF launch is scheduled for April 30, debunking widespread rumors.
  • ProShares plans to launch futures-based ETFs rather than direct spot products holding XRP.
  • The US Securities and Exchange Commission (SEC) is still reviewing spot XRP ETF applications from Grayscale, Bitwise, and Franklin Templeton.
  • The anticipation for a genuine spot XRP ETF in the US remains as regulatory barriers persist.

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