Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (1,279)
  • Analysis (1,471)
  • Bitcoin (2,049)
  • Blockchain (1,190)
  • DeFi (1,404)
  • Ethereum (1,412)
  • Event (55)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (1,448)
  • Press Releases (1)
  • Reddit (702)
  • Regulation (1,345)
  • Security (1,942)
  • Thought Leadership (2)
  • Uncategorized (1)
  • Videos (41)
Hand picked
  • Charles Hoskinson reaffirms commitment to Bitcoin Defi, Cardano Innovations
  • How to read a Bitcoin liquidation card (without being liquidated)
  • Qubic launches a chain learning platform to support the growth of the ecosystem
  • Ripple makes a fundamental statement on the transformation of the Blockchain Finance – TradingView News
  • The decision of the dry goes the way for the clearing of Ethereum in the ETF
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Bitcoin»Proshares XRP ETFs obtains a dry head sign, XRP jumps 8%
Bitcoin

Proshares XRP ETFs obtains a dry head sign, XRP jumps 8%

April 29, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Xrp optimized.png
Share
Facebook Twitter LinkedIn Pinterest Email


Join our Telegram Channel to stay up to date on the coverage of information on the breakup

The American Securities and Exchange (SEC) commission approved three ETF Proshares XRP (Breakfast funds), sending XRP by increasing by almost 8%.

Proshares plans to deploy an ultra XRP ETF (2x lever effect), a short XRP ETF and an ultra short ETF (a lever -2x) on April 30, according to documents. The company SPOT ETF application of the company remains pending and a key decision of the SEC is expected on May 22.

The green light of the dry for the three ETF XRP marks a key step in the adoption of the Ripple token by the traditional financial markets.

🔥 The dry has just approved a $ XRP ETF 🔥

But that’s not what many people think.

It is not an ETF Spot.
It is a future ETF.

The difference?

An ETF Spot buys and holds a real XRP, creating a real demand. An ETF future bets only on the price of XRP without touching a single real token.

What… pic.twitter.com/eaqcwuotm4

– John Squire (@thecryptosquire) April 27, 2025

The approval of the ETF XRP of Proshares comes after the XRP 2x fund of Téucrium began to negotiate earlier this month. The Teucrium Fund was the first XRP ETF In the United States, and posted more than $ 5 million in negotiation volumes on the first day. This strong start has also made the product the most successful launch of the company to date.

Deadline for XRP ETF spot is getting closer

The XRP Proshares ETF will give investors an exposure to the payment token through derivatives, which will probably not introduce much purchase of secondary pressure on the price of XRP, said the president of the ETF store, Nate Geraci.

He wondered why FNBs in the long term are approved before the XRP ETF.

There are several applications for XRP ETF spots, which the agency has already recognized. Investors will now wait on May 22, the next deadline for the FNB SPOT XRP deposit of the Grayscale fund manager.

The wave of deposits of offers of tenders occurs shortly after the multi -year legal battle of Ripple with the SEC ended in March.

Related items:

Best wallet – diversify your crypto wallet

Best walletBest wallet
  • Easy to use cryptographic wallet, easy to use
  • Get early access to ICO to toys to come
  • Multi-chaînes, multi-walk, non-guardians
  • Now on the App Store, Google Play
  • Pape to win the native token $ the best
  • 250,000+ monthly active users

Best walletBest wallet


Join our Telegram Channel to stay up to date on the coverage of information on the breakup





Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleDigital asset funds come from $ 3.4 billion from the start while the interest of investors changes
Next Article What’s your Cold storage of choice?

Related Posts

Bitcoin

Dogecoin’s technical analysis reveals what could happen to Price from here

June 1, 2025
Bitcoin

The IMF is alarmed while Pakistan declares the bitcoin reserve daring

May 31, 2025
Bitcoin

GameStop and K33 loading on Bitcoin in the latest corporate purchases

May 31, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Kenya to Host Africa’s Leading Blockchain & Crypto Conference in June 2025 

May 30, 2025

Nairobi, Kenya – May 2025 — Africa’s rapidly evolving blockchain ecosystem will take center stage…

Event

Crypto Vision Conference 2025: A Breakthrough Day for Web3 in the Philippines

May 29, 2025

Makati City, Philippines — April 26, 2025 — The AIM Conference Center was a hub…

1 2 3 … 48 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

Charles Hoskinson reaffirms commitment to Bitcoin Defi, Cardano Innovations

June 1, 2025

Friday, Cronos challenges the cryptography market as an asset manager Canary Capital Files for Cro Etf

June 1, 2025

FTX Recovery Trust starts $ 5 billion for creditors

May 31, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 104,624.03
ethereum
Ethereum (ETH) $ 2,521.58
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.17
bnb
BNB (BNB) $ 656.97
solana
Solana (SOL) $ 155.70
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.191389
tron
TRON (TRX) $ 0.268413
cardano
Cardano (ADA) $ 0.682319