So, yesterday the internet caught fire faster than your phone battery dying at 10%, with rumors that the SEC was about to crown XRP as the official U.S. strategic reserve asset—because who doesn’t want a digital pony in their financial garage? This bombshell supposedly dropped courtesy of Paul Atkins at 1:00 PM EST, or as I like to call it, “Fake News O’Clock.”
The XRP fan club, naturally playing full detective mode, asked for receipts because there was zero official confirmation. One wise soul asked, “So we’re seriously about to hear XRP is the strategic reserve in less than 30 minutes?” Skepticism smelled like morning breath at that point.
JUST IN @SECGov is prepping to announce that $XRP will officially become a strategic reserve asset of the U.S. Announcement by Paul Atkins at 1:00 PM EST. SEC confirmed.
— Repost (@realstephenchoi) April 28, 2025
Meanwhile, Brad Garlinghouse, Ripple’s CEO and eternal optimist, told Bloomberg Markets he’s seeing rainbows and unicorns in XRP’s future. He hinted it might join the White House’s digital asset stockpile (because why not?), and confidently predicted an XRP ETF will launch before we all forget what 2025 is.
ProShares XRP ETF: The Launch Date That Doesn’t Exist
Yesterday, XRP danced up 7% like it just won a lottery on the altcoin stage after the SEC gave thumbs-up to ProShares’ XRP Futures ETFs. But hold your champagne—Bloomberg ETF expert James Seyffart burst the bubble, clarifying there’s no official launch date, and the excitement came from a dusty old filing that should’ve stayed in 2023.
In plain English: No ETF party on April 30. ProShares confirmed it; SEC hasn’t given the green light to any spot Ripple ETFs. Grayscale, Bitwise, and Franklin Templeton are still sitting in the waiting room, probably fishing for snacks.
Polymarket, the crypto version of betting on your favorite horse (or horse coin), says there’s a 78% chance a U.S. XRP spot ETF gets approved by December 2025. That’s a rollercoaster ride down from 87% in March, but back up from 68% last month—because crypto moods swing harder than your aunt at karaoke night.
Right now XRP is chilling at $2.28, barely budging in the last day (-0.2%), but flexing a 9.5% gain over the past week. Not bad for a coin caught in the rumor mill whirlpool.
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2025-04-29 09:24