Bloomberg Bursts XRP ETF Hope With Latest Report

Description

Hopes for an imminent launch of ProShares’ XRP futures-based exchange-traded funds (ETFs) have been dashed, following a new report from Bloomberg. Despite widespread excitement over the weekend, it has now been confirmed that the rumored April 30 launch date was based on outdated information, not on any recent regulatory approval. Misinformation Sparks Confusion The confusion began when several cryptocurrency media outlets published stories claiming the U.S. Securities and Exchange Commission (S...