Initial excitement surrounding ProShares’ planned launch of XRP futures ETFs has been dashed after recent reports proving inaccurate. A regulatory filing from April 15 sparked false rumors, leading to widespread confusion across social media. While the SEC has approved the ETFs, no launch date has been set. Analyst James Seyffart confirmed through Twitter that despite ProShares’ intent, no launch date is confirmed, leaving investors with a temporary setback. These anticipated ETFs would provide institutional investors a way to trade XRP without holding the actual asset, offering alternatives for accessing the market. ProShares plans to release three unique products: an Ultra XRP ETF providing twice the returns; a Short XRP ETF with inverse returns; and a Ultra Short XRP ETF that generates double the inverse exposure. Despite this delay, the first XRP futures ETF was launched on April 8 by Teucrium on the New York Stock Exchange, indicating strong investor interest in these products. However, spot XRP ETFs remain stalled in the regulatory review process. The SEC is awaiting final decisions from various applications filed by ProShares, Grayscale and 21Shares, with a timeline extending to late May or potentially even mid-October. While regulatory hurdles have presented temporary challenges, the future outlook remains positive. JPMorgan analysts predict between $4 billion to $8 billion of investor capital may flow into XRP-linked ETFs if they mirror Bitcoin and Ethereum’s ETF adoption patterns.