XRP Price Surges After SEC Approves ProShares XRP ETF Launch

XRP price surges past 2.2 USDT after the SEC approves ProShares Trust's XRP ETF, set to launch on April 30, 2025. Discover how this major milestone could impact XRP, crypto markets, and investor sentiment.

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Hassan Abdullah

4/27/20251 min read

Ripple XRP
Ripple XRP

XRP has seen a strong price jump, rising above 2.2 USDT and currently trading around 2.237 USDT. This rise came after news broke that the U.S. Securities and Exchange Commission (SEC) has approved the launch of ProShares Trust’s XRP ETF, which is set to go live on April 30. The approval has created a lot of excitement in the crypto world, as it shows growing support for XRP from big financial institutions.

The new ETF will let investors gain exposure to XRP’s price without actually owning the cryptocurrency. This could attract more people who prefer investing through safer, regulated products. Many see this as a big step forward for XRP, and experts believe it could bring fresh energy — and new money — into the market. All eyes are now on April 30 to see how the launch will impact XRP’s future.

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XRP CHARTS todat
XRP CHARTS todat