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Unlike some previous reports, the director of the Proshares assets indicated that it has Xrp etf It will not be launched soon. Meanwhile, a prominent member of the XRP community hinted that May 1 and June 9 are two history that members of society should look forward to.
Prosthares Doinks XRP ETF Run data
A spokesman for his Prosthares a statement Reports that the company XRP ETF was launched on April 30. The spokesperson confirmed that there is no Etf launch It is scheduled to be held on April 30 and there was no update to participate in a possible launch so far.
In X Publishing, Bloomberg analyst James Sevart It also exposed the rumors of April 30 to launch Prosthares XRP ETF. He stated that they confirmed that this is not the case and that there is no launch date yet. However, he mentioned that they believed that ETF will be launched, probably in the short term or perhaps in the medium term.
Although the exact date of launch is still unknown, Barzares, in the last SEC file, suggested that XRP ETF be run on May 14. However, this is still undoubtedly subject to approval from the committee. It should be noted that ETF depends on XRP futures, not immediately, and will not provide direct exposure to Altcoin but to benefit from contracts instead.
Earlier this month, Investment consultants in Tukrium The first ETFS XRP ETF was launched in the United States. In addition to the possible launch of another XRP ETF, another event worth looking at in May is the launch of future CME Group XRP contracts. The Mashqat Stock Exchange announced earlier this month that it will add the future of XRP to the encryption group on May 19, pending organizational approval.
The launch of XRP futures will enhance the approval of Spot XRP ETF. SEC has recently delayed its decision on Franklin Timbalon, but Sevart made it clear that it was expected. The analyst does not expect SEC to agree to the fund or reject it until later in the year, and perhaps in the fourth quarter.
Two historical monitoring
While asset managers showed their intention to provide XRP investment products, others like Blackrock are still hesitant, with The largest asset manager in the world After submitting any file. However, Bale, a member of the prominent XRP community, suggested that it would not go long before Blackrock also drew XRP ETF files and a two -date monitoring detection.
In the X Publication, he stated that he met someone From Blackrock Those who gave him May 1 and June 9 as they pass to watch. This speculation has sparked that the asset manager can submit the ETF XRP file one day.
Distinctive photo from Pexels, Chart from TradingView.com
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