US SEC approves launch of XRP Futures ETFs on April 30

The U.S. Securities and Exchange Commission (SEC) has approved the launch of XRP Futures Exchange-Traded Funds (ETFs), which are set to begin trading on April 30. These ETFs will allow investors to gain exposure to XRP through regulated futures contracts, without directly holding the cryptocurrency.

This approval marks a significant development for the crypto industry, signaling growing regulatory acceptance of digital asset-based financial products. It may also lead to increased institutional participation, greater market liquidity, and renewed investor confidence in XRP and the broader cryptocurrency market.