Spot Bitcoin ETFs See Best Week Since 2024 Amid Market Recovery
Bitcoin investment products just recorded one of their strongest weeks in recent memory, as spot BTC ETFs based in the U.S. attracted over $3 billion in new inflows.
This marks their best performance since November 2024, according to data from SoSoValue.
Leading the charge were BlackRock’s IBIT and Fidelity’s FBTC, which together captured the vast majority of Friday’s inflows — $240 million and $108 million respectively, accounting for 92% of that day’s total activity. The strong inflow streak helped lift total assets in spot Bitcoin ETFs close to $110 billion, with IBIT now controlling nearly 3% of Bitcoin’s circulating supply.
BlackRock’s Jay Jacobs commented that growing global uncertainty is pushing investors toward alternatives like gold and Bitcoin, assets perceived to behave differently from traditional markets.
Bitcoin investment products just recorded one of their strongest weeks in recent memory, as spot BTC ETFs based in the U.S. attracted over $3 billion in new inflows.
This marks their best performance since November 2024, according to data from SoSoValue.
Leading the charge were BlackRock’s IBIT and Fidelity’s FBTC, which together captured the vast majority of Friday’s inflows — $240 million and $108 million respectively, accounting for 92% of that day’s total activity. The strong inflow streak helped lift total assets in spot Bitcoin ETFs close to $110 billion, with IBIT now controlling nearly 3% of Bitcoin’s circulating supply.
BlackRock’s Jay Jacobs commented that growing global uncertainty is pushing investors toward alternatives like gold and Bitcoin, assets perceived to behave differently from traditional markets.
XRP Price To $10 As Fed Clears Path for RLUSD Adoption?
XRP price traded at $2.25 after rejecting $2.30, entering a demand zone for a potential rebound.
Fed removes prior approval rule for banks in crypto, boosting RLUSD’s adoption path.
Sistine Research targets a $33–$50 XRP price by 2027 after a multi-year breakout.
XRP price has seen renewed bullish interest following a series of major developments both technically and fundamentally. After reaching a local high at $2.30, Ripple’s token entered a demand zone where past rallies have ignited.
Meanwhile, a new policy shift by the U.S. Federal Reserve has unlocked key opportunities for Ripple’s stablecoin, RLUSD. Analyst BarriC saw this as a pivotal moment for institutional adoption. Coupled with Sistine Research’s $50 long-term XRP forecast, the outlook is increasingly positive for Ripple’s native asset.
XRP price traded at $2.25 after rejecting $2.30, entering a demand zone for a potential rebound.
Fed removes prior approval rule for banks in crypto, boosting RLUSD’s adoption path.
Sistine Research targets a $33–$50 XRP price by 2027 after a multi-year breakout.
XRP price has seen renewed bullish interest following a series of major developments both technically and fundamentally. After reaching a local high at $2.30, Ripple’s token entered a demand zone where past rallies have ignited.
Meanwhile, a new policy shift by the U.S. Federal Reserve has unlocked key opportunities for Ripple’s stablecoin, RLUSD. Analyst BarriC saw this as a pivotal moment for institutional adoption. Coupled with Sistine Research’s $50 long-term XRP forecast, the outlook is increasingly positive for Ripple’s native asset.
ProShares Trust will launch three XRP futures ETFs that will offer exposure to the price movements of XRP via an index.
The U.S. Securities and Exchange Commission (SEC) has approved the launch of three XRP futures-based exchange-traded funds (ETFs) by ProShares Trust on April 30, an SEC filing shows. On Jan. 17, days before the now crypto-friendly President Donald Trump was inaugurated, ProShares had proposed the following ETFs:
Ultra XRP ETF, which will provide 2x leverage
Short XRP ETF, which will provide inverse (-1x) leverage
Ultra Short XRP ETF, which will provide inverse (-2x) leverage
These will be the second, third, and fourth XRP-related ETFs to be launched in the U.S. On April 8, the first XRP futures ETF by Teucrium started trading at the New York Stock Exchange (NYSE) and saw a “terrific response.”
The U.S. Securities and Exchange Commission (SEC) has approved the launch of three XRP futures-based exchange-traded funds (ETFs) by ProShares Trust on April 30, an SEC filing shows. On Jan. 17, days before the now crypto-friendly President Donald Trump was inaugurated, ProShares had proposed the following ETFs:
Ultra XRP ETF, which will provide 2x leverage
Short XRP ETF, which will provide inverse (-1x) leverage
Ultra Short XRP ETF, which will provide inverse (-2x) leverage
These will be the second, third, and fourth XRP-related ETFs to be launched in the U.S. On April 8, the first XRP futures ETF by Teucrium started trading at the New York Stock Exchange (NYSE) and saw a “terrific response.”
New Bitcoin price all-time highs could occur in May — Here is why
Data suggests Bitcoin could hit new highs faster than most investors expect.
Key takeaways:
Heavy liquidations played a role in Bitcoin’s return to $95,000.
Bitcoin’s weakening correlation with stocks highlights its growing independence as an asset.
Bullish institutional investor positioning contrasts with retail traders’ caution, supporting a rally above $100,000.
Bitcoin gained 11% between April 20 and April 26, demonstrating resilience by holding near its two-month high around $94,000. This relief rally followed signals from the Trump administration about easing import tariffs, as well as strong corporate earnings reports.
Data suggests Bitcoin could hit new highs faster than most investors expect.
Key takeaways:
Heavy liquidations played a role in Bitcoin’s return to $95,000.
Bitcoin’s weakening correlation with stocks highlights its growing independence as an asset.
Bullish institutional investor positioning contrasts with retail traders’ caution, supporting a rally above $100,000.
Bitcoin gained 11% between April 20 and April 26, demonstrating resilience by holding near its two-month high around $94,000. This relief rally followed signals from the Trump administration about easing import tariffs, as well as strong corporate earnings reports.
Solana: Can a 17K SOL whale action help it break the $153 resistance?
Solana is poised for a breakout, with whale moves and positive sentiment driving upward momentum.
Whale activity and strong retail sentiment indicated Solana’s potential for price movement.
Solana’s development progress and social engagement supported a bullish outlook toward resistance at $153.65.
Solana [SOL]’s recent whale activity has drawn attention, with a large transfer of over 17,481 SOL to Kraken after two years of staking.
At press time, SOL was trading at $148.52, reflecting a 1.74% decline over the past 24 hours. This price dip comes amid increasing speculation and social interest, driven in part by whale moves.
The market’s reaction to this activity could provide insights into Solana’s next major price movement, which is being closely monitored by both retail and institutional investors.
Solana is poised for a breakout, with whale moves and positive sentiment driving upward momentum.
Whale activity and strong retail sentiment indicated Solana’s potential for price movement.
Solana’s development progress and social engagement supported a bullish outlook toward resistance at $153.65.
Solana [SOL]’s recent whale activity has drawn attention, with a large transfer of over 17,481 SOL to Kraken after two years of staking.
At press time, SOL was trading at $148.52, reflecting a 1.74% decline over the past 24 hours. This price dip comes amid increasing speculation and social interest, driven in part by whale moves.
The market’s reaction to this activity could provide insights into Solana’s next major price movement, which is being closely monitored by both retail and institutional investors.
ProShares may debut leveraged, short XRP futures ETFs as soon as this week
The funds may go effective as planned, but trading might not start immediately.
Key Takeaways
ProShares plans to launch three XRP futures-based ETFs, including leveraged and inverse options.
The SEC has not raised objections to these funds, allowing them to proceed to market.
ProShares, the top issuer of leveraged and inverse exchange-traded funds, may debut three futures ETFs tied to XRP, Ripple’s native crypto asset, as soon as April 30, according to a post-effective amended prospectus filed on April 15.
The proposed products include the Short XRP ETF, offering investors the opportunity to profit from declines in the price of XRP; the Ultra XRP ETF, delivering approximately twice the daily return of XRP’s price movements; and the UltraShort XRP ETF, aimed at providing approximately twice the inverse (-2x) of XRP’s daily performance.
The funds may go effective as planned, but trading might not start immediately.
Key Takeaways
ProShares plans to launch three XRP futures-based ETFs, including leveraged and inverse options.
The SEC has not raised objections to these funds, allowing them to proceed to market.
ProShares, the top issuer of leveraged and inverse exchange-traded funds, may debut three futures ETFs tied to XRP, Ripple’s native crypto asset, as soon as April 30, according to a post-effective amended prospectus filed on April 15.
The proposed products include the Short XRP ETF, offering investors the opportunity to profit from declines in the price of XRP; the Ultra XRP ETF, delivering approximately twice the daily return of XRP’s price movements; and the UltraShort XRP ETF, aimed at providing approximately twice the inverse (-2x) of XRP’s daily performance.
UI Gains 20% In A Day—Will Ecosystem Coins Continue The Surge
SUI weekly price chart breaks out of a falling wedge pattern with main support at $2.00.
3 of the top 4 gainers in the last 24 hours are SUI coins.
SUI surpasses 80B in total DEX volume.
Sui Network (SUI) broke out its weekly wedge pattern, sparking an overall rally in the ecosystem, including its DEX volume.
Weekly SUI Coin Price Analysis
On the weekly chart, SUI showed a bullish reversal when it broke through its falling wedge pattern.
The breakout exceeded the $2.00 support, the fundamental point for the wedge structure and the double-bottom pattern’s neckline.
The bullish candle finished at $3.45 delivering strong gains. This indicated vigorous purchasing pressure and sustained momentum during the $2.00 price assessment.
SUI weekly price chart breaks out of a falling wedge pattern with main support at $2.00.
3 of the top 4 gainers in the last 24 hours are SUI coins.
SUI surpasses 80B in total DEX volume.
Sui Network (SUI) broke out its weekly wedge pattern, sparking an overall rally in the ecosystem, including its DEX volume.
Weekly SUI Coin Price Analysis
On the weekly chart, SUI showed a bullish reversal when it broke through its falling wedge pattern.
The breakout exceeded the $2.00 support, the fundamental point for the wedge structure and the double-bottom pattern’s neckline.
The bullish candle finished at $3.45 delivering strong gains. This indicated vigorous purchasing pressure and sustained momentum during the $2.00 price assessment.
Grayscale Still Tops All US Spot Bitcoin ETFs in Revenue
Despite heavy outflows since January 2024, GBTC’s 1.5% fee still generates $268 million a year, outpacing rivals' combined $211 million.
In brief
GBTC has maintained its revenue dominance, generating more revenue than BlackRock and other major issuers combined
Grayscale's first-mover advantage sustains its revenue lead, roughly 16 months after spot ETFs were approved.
Tax implications prevent many investors from switching to lower-fee alternatives despite potential savings.
Grayscale's Bitcoin Trust ETF (GBTC) generates more revenue than all other spot Bitcoin exchange-traded funds combined, despite charging fees that are up to seven times higher than its competitors.
Despite heavy outflows since January 2024, GBTC’s 1.5% fee still generates $268 million a year, outpacing rivals' combined $211 million.
In brief
GBTC has maintained its revenue dominance, generating more revenue than BlackRock and other major issuers combined
Grayscale's first-mover advantage sustains its revenue lead, roughly 16 months after spot ETFs were approved.
Tax implications prevent many investors from switching to lower-fee alternatives despite potential savings.
Grayscale's Bitcoin Trust ETF (GBTC) generates more revenue than all other spot Bitcoin exchange-traded funds combined, despite charging fees that are up to seven times higher than its competitors.
Stablecoins leading the charge in e-commerce evolution
Exploring stablecoins as the future of seamless global e-commerce transactions
The following is a guest post and opinion of Vitaliy Shtyrkin, Chief Product Officer at B2BINPAY.
Nowadays, businesses face a dilemma: while cryptocurrencies have several benefits, including lower fees, faster transactions, and global accessibility, they also pose such risks as uncontrolled volatility and security concerns — both of which remain critical for consumers. This is confirmed by the research published in the middle of 2022, which shows that 50.6% of online shoppers view cryptocurrency as the future of payments, while the latest survey of 4000 people in the United States demonstrates that less than 1% identify crypto as their preferred online payment method.
Exploring stablecoins as the future of seamless global e-commerce transactions
The following is a guest post and opinion of Vitaliy Shtyrkin, Chief Product Officer at B2BINPAY.
Nowadays, businesses face a dilemma: while cryptocurrencies have several benefits, including lower fees, faster transactions, and global accessibility, they also pose such risks as uncontrolled volatility and security concerns — both of which remain critical for consumers. This is confirmed by the research published in the middle of 2022, which shows that 50.6% of online shoppers view cryptocurrency as the future of payments, while the latest survey of 4000 people in the United States demonstrates that less than 1% identify crypto as their preferred online payment method.
Breaking: XRP ETF Approved, But it’s Not Spot ETF
The U.S. 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.
The ETF approval comes just a few years after Ripple, the company behind XRP, was locked in a long legal battle with the SEC. Now, XRP is moving from courtrooms to trading floors, joining the ranks of Bitcoin and Ethereum, which already have both futures and spot ETFs.
Some investors were unsure at first, asking, “Why futures and not spot?” But futures ETFs are often the first step. This was the path for Bitcoin and Ethereum, and experts believe a spot XRP ETF could be next. Futures trading allows big institutional investors to take positions on XRP, whether the market goes up or down — a common and healthy part of mature financial markets.
The U.S. 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.
The ETF approval comes just a few years after Ripple, the company behind XRP, was locked in a long legal battle with the SEC. Now, XRP is moving from courtrooms to trading floors, joining the ranks of Bitcoin and Ethereum, which already have both futures and spot ETFs.
Some investors were unsure at first, asking, “Why futures and not spot?” But futures ETFs are often the first step. This was the path for Bitcoin and Ethereum, and experts believe a spot XRP ETF could be next. Futures trading allows big institutional investors to take positions on XRP, whether the market goes up or down — a common and healthy part of mature financial markets.
rypto news today: Bitcoin bulls eye $100K breakout; SUI, AVAX charts show potential
Bitcoin gained over 10% this week, testing key resistance near $95,000 amid strong buying.
US Spot Bitcoin ETFs saw massive $3.06 billion weekly inflows, signaling renewed institutional interest.
Avalanche (AVAX) consolidates near $23.50 resistance; a breakout could target $31.73 (double-bottom).
Bitcoin demonstrated renewed strength this week, posting gains of over 10% as determined buyers pushed the price back towards the significant overhead resistance level near $95,000.
While consolidating below this key hurdle, the fact that buyers haven’t ceded significant ground suggests underlying bullish conviction, further supported by robust institutional inflows and optimistic analyst projections.
Bitcoin gained over 10% this week, testing key resistance near $95,000 amid strong buying.
US Spot Bitcoin ETFs saw massive $3.06 billion weekly inflows, signaling renewed institutional interest.
Avalanche (AVAX) consolidates near $23.50 resistance; a breakout could target $31.73 (double-bottom).
Bitcoin demonstrated renewed strength this week, posting gains of over 10% as determined buyers pushed the price back towards the significant overhead resistance level near $95,000.
While consolidating below this key hurdle, the fact that buyers haven’t ceded significant ground suggests underlying bullish conviction, further supported by robust institutional inflows and optimistic analyst projections.
World Liberty Financial founders meet Binance’s CZ to discuss global crypto expansion
World Liberty Financial founders met with Binance co-founder Changpeng Zhao to discuss ways to grow crypto adoption and set new industry standards.
Announced on Apr. 27 via a post on X, WLFI said its founders Zach Witkoff, Zak Folkman, and Chase Herro sat down with CZ in Abu Dhabi to discuss growing global adoption and the next steps for crypto innovation.
The meeting is part of WLFI’s ongoing strategy to penetrate new markets. As no direct funding announcements or new token issuances have been made public, the meeting’s immediate results are still unknown.
World Liberty Financial founders met with Binance co-founder Changpeng Zhao to discuss ways to grow crypto adoption and set new industry standards.
Announced on Apr. 27 via a post on X, WLFI said its founders Zach Witkoff, Zak Folkman, and Chase Herro sat down with CZ in Abu Dhabi to discuss growing global adoption and the next steps for crypto innovation.
The meeting is part of WLFI’s ongoing strategy to penetrate new markets. As no direct funding announcements or new token issuances have been made public, the meeting’s immediate results are still unknown.
Bitcoin acts like ‘store of value that it is’ amid Trump policy chaos: NYDIG
Bitcoin’s decoupling from traditional risk assets is “still very early and fragile,” but the shift is “palpable,” says NYDIG’s Greg Cipolaro.
Bitcoin is starting to act as a store of value during times of “US-risk-off” sentiment, marking a potential shift in its relationship with traditional assets, according to the New York Digital Investment Group.
Bitcoin felt “noticeably different” over the trading week ended April 25, NYDIG’s global head of research Greg Cipolaro said in an April 25 market note.
“We’ve been observing subtle shifts in its behavior over the past few weeks,” he added. “The decoupling from traditional risk assets is still very early and fragile, but for those watching crypto markets 24/7, the shift is palpable.”
Bitcoin’s decoupling from traditional risk assets is “still very early and fragile,” but the shift is “palpable,” says NYDIG’s Greg Cipolaro.
Bitcoin is starting to act as a store of value during times of “US-risk-off” sentiment, marking a potential shift in its relationship with traditional assets, according to the New York Digital Investment Group.
Bitcoin felt “noticeably different” over the trading week ended April 25, NYDIG’s global head of research Greg Cipolaro said in an April 25 market note.
“We’ve been observing subtle shifts in its behavior over the past few weeks,” he added. “The decoupling from traditional risk assets is still very early and fragile, but for those watching crypto markets 24/7, the shift is palpable.”
Solana Could Dominate Markets Next Month, Says Top Analyst
Daily price action in the SOL/BTC pair is beginning to paint a sharply different picture from the one that dominated the first quarter, according to a chart shared on Sunday by veteran trader Josh Olszewicz.
The one-day chart sets out a textbook inverse-head-and-shoulders (iHS) basing pattern that has been forming since early March and is now approaching the neckline around 0.00162 BTC. At the time of the screenshot, SOL was quoted at 0.001588 BTC. With bitcoin changing hands near $94,765, that places Solana at roughly $150 per coin.
Daily price action in the SOL/BTC pair is beginning to paint a sharply different picture from the one that dominated the first quarter, according to a chart shared on Sunday by veteran trader Josh Olszewicz.
The one-day chart sets out a textbook inverse-head-and-shoulders (iHS) basing pattern that has been forming since early March and is now approaching the neckline around 0.00162 BTC. At the time of the screenshot, SOL was quoted at 0.001588 BTC. With bitcoin changing hands near $94,765, that places Solana at roughly $150 per coin.
BONK’s futures open interest tripled over the past week as Solana-based memecoins saw an influx of investors.
Key takeaways:
BONK price is up 73% since April 22, hitting a five-month high of $0.00002167.
BONK’s open interest surged 290% to $43.2 million.
the second-largest Solana-based memecoin by market capitalization, is on track to continue the recovery it began on April 22. BONK has climbed approximately 73% from its April 22 low of around $0.00001247, bringing its price up to an intraday high of $0.00002167 on April 28.
Data from Cointelegraph Markets Pro and TradingView shows BONK trading at $0.00001923, up 3% over the 24 hours and 60% over the last seven days.
Key takeaways:
BONK price is up 73% since April 22, hitting a five-month high of $0.00002167.
BONK’s open interest surged 290% to $43.2 million.
the second-largest Solana-based memecoin by market capitalization, is on track to continue the recovery it began on April 22. BONK has climbed approximately 73% from its April 22 low of around $0.00001247, bringing its price up to an intraday high of $0.00002167 on April 28.
Data from Cointelegraph Markets Pro and TradingView shows BONK trading at $0.00001923, up 3% over the 24 hours and 60% over the last seven days.
Dogecoin Price Pegged At $3.6 As These Bullish Factors Line Up
The Dogecoin price could be getting ready for a major breakout as technical and macroeconomic indicators line up for a potential bullish rally. Despite recording major declines over the past few months, a crypto analyst has projected that Dogecoin may be targeting a new all-time high of $3.6.
Dogecoin Price Headed For $3.6 Breakout
A fresh macro chart analysis highlights a strong setup for a Dogecoin price surge to $3.6. Historically, DOGE’s price action has followed a pattern of experiencing long periods of consolidation within Descending Wedge patterns and falling channels before erupting into explosive price moves.
The Dogecoin price could be getting ready for a major breakout as technical and macroeconomic indicators line up for a potential bullish rally. Despite recording major declines over the past few months, a crypto analyst has projected that Dogecoin may be targeting a new all-time high of $3.6.
Dogecoin Price Headed For $3.6 Breakout
A fresh macro chart analysis highlights a strong setup for a Dogecoin price surge to $3.6. Historically, DOGE’s price action has followed a pattern of experiencing long periods of consolidation within Descending Wedge patterns and falling channels before erupting into explosive price moves.
Bitcoin mining pushes sustainability agenda with over 50% of energy generated from renewables
Despite the increase in annual electricity consumption, hydropower and wind accounted for over half of the amount of the electricity in the last year.
Sustainable energy accounts for more than half of Bitcoin (BTC) mining consumption as of the first quarter, according to the Cambridge Centre for Alternative Finance’s Digital Mining Industry Report.
Despite higher energy consumption, the industry’s reliance on sustainable energy increased, and operational metrics indicated a push toward long-term resilience through diversification and innovation.
Estimated annual electricity consumption for Bitcoin mining rose to 138 terawatt-hours (TWh), marking a 17% year-over-year increase. Greenhouse gas emissions associated with mining reached 39.8 Million Tons of CO₂e, accounting for 0.08% of global emissions.
Despite the increase in annual electricity consumption, hydropower and wind accounted for over half of the amount of the electricity in the last year.
Sustainable energy accounts for more than half of Bitcoin (BTC) mining consumption as of the first quarter, according to the Cambridge Centre for Alternative Finance’s Digital Mining Industry Report.
Despite higher energy consumption, the industry’s reliance on sustainable energy increased, and operational metrics indicated a push toward long-term resilience through diversification and innovation.
Estimated annual electricity consumption for Bitcoin mining rose to 138 terawatt-hours (TWh), marking a 17% year-over-year increase. Greenhouse gas emissions associated with mining reached 39.8 Million Tons of CO₂e, accounting for 0.08% of global emissions.
Mastercard links with Circle, Paxos for merchant stablecoin payments
Mastercard also partnered with OKX for a crypto-enabled bank card, which Mastercard product chief, Jorn Lambert, said creates a “360-degree approach” to stablecoins.
Mastercard says it will allow merchants across its network to be paid with stablecoins in a partnership with payment processor Nuvei and stablecoin issuers Circle and Paxos.
Through the venture, 150 million merchants across the Mastercard network will now have the option to receive payments in stablecoins, regardless of how a customer pays, Mastercard said on April 28.
The payments giant also partnered with crypto exchange OKX for a crypto-enabled bank card, which Mastercard product chief Jorn Lambert said creates a “360-degree approach” where consumers can spend stablecoins and merchants can receive them.
Mastercard also partnered with OKX for a crypto-enabled bank card, which Mastercard product chief, Jorn Lambert, said creates a “360-degree approach” to stablecoins.
Mastercard says it will allow merchants across its network to be paid with stablecoins in a partnership with payment processor Nuvei and stablecoin issuers Circle and Paxos.
Through the venture, 150 million merchants across the Mastercard network will now have the option to receive payments in stablecoins, regardless of how a customer pays, Mastercard said on April 28.
The payments giant also partnered with crypto exchange OKX for a crypto-enabled bank card, which Mastercard product chief Jorn Lambert said creates a “360-degree approach” where consumers can spend stablecoins and merchants can receive them.
Major Ripple ETF Update: Watch This Date if You Hold XRP
One popular research analyst provided vital information regarding the three recently-approved XRP ETFs.
TL;DR
Despite the excitement surrounding ProShares’s approved futures XRP ETFs, Bloomberg’s James Seyffart clarified that there is no confirmed launch date yet.
US investors await a spot XRP ETF, with prominent names like Grayscale, Franklin Templeton, and Bitwise pushing for a green light.
Not so Fast?
Ripple took center stage recently due to the three approved XRP exchange-traded funds (ETFs) in the United States. The products in question are the Ultra XRP ETF, Short XRP ETF, and Ultra Short XRP ETF, all coming from ProShares.
The news triggered a solid price uptick for the underlying cryptocurrency, while the official launch was supposedly set for April 30.
One popular research analyst provided vital information regarding the three recently-approved XRP ETFs.
TL;DR
Despite the excitement surrounding ProShares’s approved futures XRP ETFs, Bloomberg’s James Seyffart clarified that there is no confirmed launch date yet.
US investors await a spot XRP ETF, with prominent names like Grayscale, Franklin Templeton, and Bitwise pushing for a green light.
Not so Fast?
Ripple took center stage recently due to the three approved XRP exchange-traded funds (ETFs) in the United States. The products in question are the Ultra XRP ETF, Short XRP ETF, and Ultra Short XRP ETF, all coming from ProShares.
The news triggered a solid price uptick for the underlying cryptocurrency, while the official launch was supposedly set for April 30.
Top 10 Altcoins to Look Up in May- BONK, XMR, SEI, TAO & a Few More May Lead the AltSeason
The beginning of the second quarter was pretty bullish for the entire crypto space, with the Bitcoin price surging above the consolidated zone. This move triggered many altcoins, with Fartcoin rising over 180% in a month, followed by Virtual Protocol at 140% and Pudgy Penguins at 100%. Apart from these tokens, here are the top 10 altcoins that have gained massive social dominance along with a bullish price performance. They are,
Bonk (BONK)
Monero (XMR)
Sei (SEI)
Bittensor (TAO)
Near Protocol (NEAR)
Render (RENDER)
Algorand (ALGO)
Polkadot (DOT)
XDC Network (XDC)
Aptos (APT)
The beginning of the second quarter was pretty bullish for the entire crypto space, with the Bitcoin price surging above the consolidated zone. This move triggered many altcoins, with Fartcoin rising over 180% in a month, followed by Virtual Protocol at 140% and Pudgy Penguins at 100%. Apart from these tokens, here are the top 10 altcoins that have gained massive social dominance along with a bullish price performance. They are,
Bonk (BONK)
Monero (XMR)
Sei (SEI)
Bittensor (TAO)
Near Protocol (NEAR)
Render (RENDER)
Algorand (ALGO)
Polkadot (DOT)
XDC Network (XDC)
Aptos (APT)