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Breaking: XRP ETF Approved, But it’s Not Spot ETF

Coinpedia LogoCoinpedia23h ago

Breaking: XRP ETF Approved, But it’s Not Spot ETF - Coinpedia

Quick Summary:

Securities and Exchange Commission (SEC) has approved the first-ever XRP futures ETF, launched by ProShares.

This ETF is expected to go live on April 30th, 2025.

While it’s not a spot ETF — which tracks the actual price of XRP — it’s still a huge step forward for XRP’s recognition on Wall Street.

More Pictures

Breaking: XRP ETF Approved, But it’s Not Spot ETF - Coinpedia (Picture 1)Breaking: XRP ETF Approved, But it’s Not Spot ETF - Coinpedia (Picture 2)Breaking: XRP ETF Approved, But it’s Not Spot ETF - Coinpedia (Picture 3)

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Article Details

Author / Journalist: Anjali Belgaumkar

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-28 @ 02:54:52 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 313 words

Reading Time: 2 minutes read

Sentences: 20 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 28238258

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About Coinpedia

Coinpedia Logo

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 28 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 12 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

Publisher Details

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The story "Breaking: XRP ETF Approved, But it’s Not Spot ETF" has 313 words across 20 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "Breaking: XRP ETF Approved, But it’s Not Spot ETF" was covered 23 hours ago by Coinpedia, a news publisher based in United States.

How trustworthy is 'Coinpedia' news outlet?

Coinpedia is a fully independent (privately-owned) news outlet established in 2016 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 28 news stories per day.

It's most recent story was published 12 hours ago.

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  • News ID: #28238258
  • URL: https://pretty-looking.beamstart.com/news/breaking-xrp-etf-approved-but-17458090924443

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