Main to remember
- Proshares delayed the launch of his ETF in the long term XRP, without specific date.
- The feeling of the market for the approval of an XRP ETF remains positive, in particular after the XRP term announcement of the CME group.
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Proshares will not launch his ETF XRP on April 30, Bloomberg Etf James Seyffart analyst confirmed Today, thwarting previous reports on the expected start date.
Update: Many people publish / report that @Poshares Will launch XRP ETF on April 30. We confirmed that this was not the case. We do not yet have a confirmed launch date, but we think they will be launched – and will probably be launched in the short or medium term.
– James Seyffart (@jseyff) April 28, 2025
Although a launch is planned, Proshares has not set a specific date for the introduction of its three XRP products offered: the short ETF XRP, the ETF Ultra XRP and the ETF XRP Ultrashort.
XRP is currently negotiated at $ 2.27, up 1.5% per day and 9% in the last seven days. The assets recently reached a maximum of 30 days of $ 2.36, but still follows the performance of the other active ingredients in layer 1.
The feeling of the market with regard to an approval of the ETF XRP remains positive, in particular following the appointment of Paul Atkins as president of the dry.
The recent announcement of CME Group to introduce XRP’s term contracts further strengthened the expectations of a potential spot of spot after the conclusion of the legal procedure of Ripple Labs.
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