According to AltcoinGordon, the US SEC has officially approved ProShares Trust’s XRP ETF, with the public launch scheduled for April 30, 2025 (source: https://twitter.com/AltcoinGordon/status/1916538738068410514). This regulatory approval marks a major milestone for XRP, increasing access for institutional and retail investors. Historically, ETF launches have driven significant inflows and price volatility in underlying assets, as seen with previous Bitcoin ETF approvals (source: Bloomberg). Traders should monitor XRP price action, volume, and open interest leading up to the launch date, as increased demand and speculative activity may drive short-term price movements. The introduction of an XRP ETF is expected to improve liquidity and price discovery, providing new trading opportunities for both spot and derivatives markets.

According to Crypto Rover, the US SEC has officially approved ProShares Trust's XRP ETF for public launch on April 30, 2025 (source: Crypto Rover on Twitter, April 27, 2025). This regulatory breakthrough is expected to significantly increase XRP's institutional adoption and trading volume. Traders should monitor XRP price action for potential volatility and liquidity shifts as ETF inflows could drive short-term price surges. This approval positions XRP alongside other regulated crypto ETFs, potentially making it more attractive for risk-averse investors and portfolio managers.