No XRP ETF Yet: Bloomberg Confirms No Official Launch Date for ProShares

Reports of ProShares’ XRP futures ETFs launching on April 30 have turned out to be premature.

According to Bloomberg, no confirmed launch date has been set, despite multiple crypto news outlets and social media accounts spreading the story over the weekend.

The confusion stemmed from a regulatory filing dated April 15, which some mistakenly presented as a fresh development. Without official confirmation from ProShares, speculation spiraled, fueling misinformation across the crypto community.

Earlier this month, ProShares had indeed flagged April 30 as a potential target date for its XRP futures ETFs, but Bloomberg clarified that no guarantees were ever given. While the products are still expected to launch soon, the exact timeline remains uncertain.

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The excitement around ProShares followed the recent success of Teucrium’s leveraged Bitcoin ETF, which made its debut earlier this week and received strong initial interest. Meanwhile, several other firms — including Grayscale, Bitwise, WisdomTree, and 21Shares — are still awaiting SEC decisions on their spot XRP ETF applications, with rulings expected later this year.

For now, XRP investors will have to wait a little longer as official timelines remain fluid.

Alexander Stefanov