Bloomberg Analyst: ProShares XRP Futures ETF Launch Date Is Not April 30

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PANews
04-29
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PANews reported on April 29 that Bloomberg Intelligence ETF analyst James Seyffart stated on X platform: "Many posts/reports claim that ProShares will launch an XRP futures ETF on April 30. However, we have confirmed that this is not the case. The specific launch date is currently undetermined, but we believe they will launch (the XRP ETF) - and likely in the short term, or possibly in the medium term."

Previously, ProShares Trust postponed the effective date of Xof-related ETF to April 30. The report mentioned that this revision only modified the effective time and did not involve changes to the prospector supplementary instructions.

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