Editor's PiCK

"ProShares, Ripple (XRP) Futures ETF Launch Date Not April 30"

Source
JH Kim

Summary

  • ProShares has stated that the rumor of launching three Ripple (XRP) futures ETFs on April 30 is not true.
  • Although the launch date is not confirmed, James Seyffart, a Bloomberg analyst, mentioned that it can be expected soon.
  • Investors need to maintain continuous interest in ProShares' Ripple-related ETF launch.

James Seyffart, a Bloomberg ETF specialist analyst, stated on the 28th (local time) via X (formerly Twitter) that "although there are widespread reports that global asset manager ProShares will launch three new Ripple (XRP) futures ETFs on April 30 (local time), this information is not true," adding, "However, while the launch date is not confirmed, it is expected to be released soon."

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JH Kim

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