XRP ETF Launch Could Be Just Days Away as ProShares Sets April 30 Target Date

Fridah Kangai
April 16, 2025
10:30 pm

Fridah Kangai

Fridah Kangai is a dedicated crypto journalist with a sharp eye for market trends, blockchain innovation, and digital asset movements. She specializes in breaking down complex topics into clear, engaging stories for both seasoned investors and curious newcomers. With a passion for decentralization and a pulse on the ever-evolving crypto space, Fridah delivers timely, accurate, and insightful coverage. Her work bridges the gap between technology and everyday understanding in the world of cryptocurrency.

ProShares targets April 30 for its XRP futures ETF, signaling a major step toward broader crypto investment access.
Industry experts predict a spot XRP ETF could follow quickly, with several filings already under SEC review.
Market sentiment is rising as traders bet on spot XRP ETF approval before year-end, fueling investor anticipation.

ProShares has designated April 30 for the planned release of its highly anticipated XRP futures exchange-traded fund. The company provided an amended filing indicating its readiness for a completion milestone following its January filing submission.

The proposed date suggests optimism, but we need official confirmation for the ETF trading to start that day. The future XRP-based fund will depend on future contracts and swap agreements instead of using actual XRP tokens.

In 2021, ProShares took the spotlight by becoming the first company to launch a U.S. Bitcoin futures exchange-traded fund that received massive early trading interest. The creation of Bitcoin futures ETFs through this move ultimately led to the successful spot Bitcoin ETF approval in early 2024.

XRP Spot ETF Buzz Builds as Industry Eyes Regulatory Green Light

Most in the market believe the XRP futures ETF is an essential step toward the eventual approval of a spot XRP ETF, which regulators anticipate will be approved soon. ETF analyst Nate Geraci predicts the current SEC will not block a spot XRP product while indicating the product might receive approval before market estimations.

Franklin Templeton and various other firms have submitted their applications for spot XRP ETFs and are awaiting regulatory responses. Retail traders using Polymarket platforms demonstrate a strong belief in the regulatory approval of spot XRP Exchange-Traded Funds (ETFs) before 2025 to a close.

Through their rapid progression, ProShares forces regulatory institutions to act swiftly while highlighting growing institutional interest in products based on XRP. The futures ETF is a structured investment instrument for XRP price movements, though it does not offer direct access to the token.

The XRP community shows increased enthusiasm despite the uncertain status of ProShares’ April 30 launch announcement. Investors increasingly strongly support the highly anticipated launch of a spot XRP ETF.

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