No ProShares XRP ETF Launch Scheduled for April 30th

Confusion arose in the crypto community after rumors circulated that ProShares would launch an XRP ETF on Wednesday, April 30th. However, ProShares has clarified that no such launch is scheduled. The confusion stems from a regulatory filing made by ProShares on April 15, which was wrongly reported as confirming a launch date. A spokesperson confirmed there are no future ETF product launches planned for that day. While some speculated about spot XRP ETFs based on futures contracts, it’s important to note that ProShares is planning products based on these.