Despite optimistic speculation circulating over the weekend, a recent report from Bloomberg has revealed that ProShares’ proposed XRP futures-based exchange-traded fund (ETF) launch is not imminent. The rumor of an April 30th launch date was based on outdated information and does not reflect recent regulatory developments. confusion arose when several cryptocurrency media outlets published stories citing the SEC’s approval, referencing a regulatory filing originally submitted on April 15th. However, this filing did not signify official approval. ProShares has stated that they haven’t received a confirmed launch date yet but remain confident in their eventual launch timeline.