Well, well, well… look who’s back! XRP isn’t just lounging around anymore, folks! On April 15, ProShares decided to make things interesting by filing for a “Short XRP ETF” that could hit the market as soon as April 30, 2025. Yep, that’s right, less than two weeks away! Talk about cutting it close!
What does this mean for you, the average investor? Glad you asked! If this thing gets approved, you could trade XRP futures just like you’re buying socks at the grocery store—through your regular brokerage account. No fancy crypto wallets or worrying about those weird “keys” that always seem to be lost in the Bermuda Triangle of the internet. It’s like the easy button for getting in on XRP—without actually owning the thing. Genius, right?
But wait, there’s more! This isn’t just ProShares’ game; XRP is racking up ETF filings like they’re going out of style. It now has a whopping 10 active ETF applications, according to Kaiko’s research. That’s more than Solana, Litecoin, and even Dogecoin—yes, *that* meme coin you can’t escape. XRP is officially the hottest altcoin at the ETF party.
Why’s that important? Well, XRP’s liquidity is off the charts! It’s like the stock market equivalent of a non-stop dance party—people are buying and selling it like it’s the latest Taylor Swift album. This kind of action is exactly what the SEC loves when they’re deciding whether to approve an ETF. If the SEC gives the green light, XRP could go from “oh, that crypto thing” to “Whoa, look at that!”
But that’s not all, folks! This filing came right after crypto analyst John Squire dropped a hint about a possible settlement in the Ripple vs. SEC case. Squire’s crystal ball is working overtime, predicting that a settlement could make XRP shoot to the moon. The ProShares filing? Just more proof that XRP isn’t waiting for an invite to the party—it’s walking in with a spotlight and a marching band.
Right after I shared my thoughts on $XRP and a possible settlement unlocking the next big move…
Boom. ProShares just filed for an XRP ETF, targeting April 30, 2025.
This isn’t speculation anymore. It’s momentum.
XRP isn’t waiting to be invited. It’s making its way to the main…— John Squire (@TheCryptoSquire) April 15, 2025
And guess who holds the keys to the kingdom? The SEC, of course! With a shiny new leadership in place, their decision on the ETF could be a game-changer for XRP. A yes could mean a huge surge for XRP’s growth and its transition into the fancy world of traditional finance. Buckle up, people!
Oh, and don’t think ProShares is the only one getting in on this. Other big players like Bitwise, 21 Shares, and CoinShares are also filing to offer XRP-based products. The writing’s on the wall—investors are looking for an easy, safe way to jump into XRP, and these filings are proof they’re all over it.
If the SEC approves, this could be the boost XRP needs to gain respect and visibility in traditional markets. So, set your calendars for April 30. It’s going to be a wild ride!
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2025-04-16 11:33