ProShares Delays Launch of XRP Futures ETFs
- ProShares has postponed the launch of its XRP futures ETFs, with no new date announced.
- Market sentiment remains positive for an XRP ETF approval, bolstered by CME Group’s announcement of XRP futures.
- XRP is trading at $2.27, marking a 1.5% increase on the day and a 9% rise over the past week.
- The asset recently reached a 30-day high of $2.36 but lags behind other major layer-1 assets in performance.
- Paul Atkins’ appointment as SEC Chairman has further fueled optimism for an XRP ETF approval.
XRP’s current market activity shows a positive trend, with recent developments such as CME Group’s announcement and leadership changes at the SEC enhancing expectations for an eventual ETF approval.
Source (2.6)https://cryptobriefing.com/xrp-futures-etfs-launch-delay/?rand=59535