Rumors surrounding the launch of an XRP Exchange Traded Fund (ETF) by ProShares have ignited confusion, with no official launch date provided and potential misinformation contributing to public misunderstanding. This situation has led to mixed messages across social media and news outlets. Despite recent speculation regarding a new ETF launch in the short-to-medium term, ProShares officials have clarified that there are no plans for an ETF launch on April 30th. An official statement from ProShares confirms the lack of a clear product launch plan at this time. This confusion has been compounded by reports suggesting that upcoming products will not directly involve XRP but instead leverage futures contracts. These offerings aim to provide investors with alternative access through leveraged and inverse options, as highlighted by Nate Geraci, President of The ETF Store. Meanwhile, the SEC’s continued evaluation of spot-based ETF applications and associated risk assessments are also contributing to market uncertainty. It’s important for investors to rely on official sources and verify information before making decisions in light of these developments. This post originally appeared on COINTURK NEWS.