Mars Finance News, crypto journalist Eleanor Terrett posted on X platform that ProShares' three XRP ETFs are not spot products, but rather an application for futures and leveraged/inverse products. These products do not require "approval" from the U.S. Securities and Exchange Commission like spot products do. As long as the SEC does not raise any objections within a certain period after the application is submitted, these products will take effect.
Crypto journalist Eleanor Terrett: ProShares' three XRP ETFs are not spot
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