Crypto Journalist Eleanor Terrett: ProShares' Three XRP ETFs Are Not Spot
Crypto journalist Eleanor Terrett stated on the X platform that the three XRP ETFs from ProShares are not spot products but rather an application for futures and leveraged/inverse products. These products do not require "approval" from the U.S. Securities and Exchange Commission like spot products do. They will become effective unless the SEC raises any objections within a certain period after the application is submitted.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Security Alert: ZEROBASE frontend hacked, malicious contract obtains USDT authorization
Hyperliquid to introduce portfolio margin
Data: 103 million BLUR transferred to a certain exchange Prime, worth approximately $3.32 million
Trending news
MoreCrypto prices
More
