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Bloomberg Analyst: ProShares XRP ETF Listing Date Yet to Be Determined

BlockBeats News, April 29th, Bloomberg ETF analyst James Seyffart posted on social media, stating, "Many are releasing/reporting that ProShares will launch an XRP ETF on April 30th. We have confirmed that this is not the case.


There is currently no confirmed listing date, but we believe they will indeed launch — most likely in the short term or mid term."

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Meme Coins in the XRP Ecosystem are attracting inflows of funds, with high volatility bringing both opportunities and risks. This speculative frenzy may indeed propel XRP's rise.
The promoters have liquidated the trust's XRP and the trust will terminate upon distribution of net cash proceeds.
The Bitwise 10 Crypto Index Fund will liquidate its XRP holdings.
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