XRP ETF Dreams: Bloomberg Throws a Spanner in the Works! 😱

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Well, darlings, brace yourselves: Bloomberg has quite the party pooper announcement — ProShares’s eagerly awaited futures-based ETFs have decided to fashionably arrive on no date at all, certainly not April 30. How dreadfully unpunctual! 🎩

Last Sunday, the rumor mills churned as if Queen Victoria herself had confirmed the SEC’s blessing on these products. Alas, it was but a mirage conjured from a dusty old filing dated April 15, rekindled by crypto journos with the enthusiasm of a debutante at her first ball. Nothing new, nothing official — just some vintage paperwork playing dress-up. 🎭

Naturally, this delicious faux pas was devoured ravenously across social media, like afternoon tea at the Ritz, without so much as a whispered confirmation from ProShares themselves. One might say it was fake news’s finest hour—or quite the social media soirée! 🐦👀

As reported (with slightly less éclat) by U.Today, ProShares first twirled onto the scene in January with promises aplenty, suggesting April 30 as their grand entrance. Yet, as any true diva knows, the show must wait until the curtain truly rises — no guarantees, only tantalizing possibilities. 🎪✨

Bloomberg now informs us, with the solemnity of a butler delivering bad news, that no confirmed launch date graces the XRP ETFs as of this Monday. Yet, fear not, dear readers, for the financial ballet will proceed—perhaps soon, perhaps later—just don’t hold your champagne corks too tightly. 🥂⏳

Meanwhile, over in the land of Bitcoin, Teucrium’s leveraged ETF sashayed onto the stage earlier this week. The debut was met with roaring applause; CEO Sal Gilbertie found himself positively overwhelmed—“terrific,” he called it, which is rather a charming British understatement if ever there was one. 🎉🚀

And for those counting cards, a veritable echelons of hopefuls line up with spot XRP ETF applications—ProShares, Grayscale, Bitwise, and an assembly of financial glitterati too numerous to name without raising quite the eyebrow. SEC Chair Paul Atkins, the grand arbiter, will have his say later this year. One suspects it will be ever so riveting! 🎩📜

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2025-04-28 20:03