In a twist of fate, the illustrious ProShares, a titan in the realm of exchange-traded funds, has proclaimed April 30 as the fateful day for the launch of its futures-based XRP ETF. But hold your horses! 🐴 This announcement is as solid as a sandcastle at high tide; just because they set a date doesn’t mean the trading will commence on that very day. The ETF will dance around XRP futures contracts and swap agreements, rather than embracing the token directly. A step forward, they say! But let’s not forget the grand spectacle of 2021 when ProShares dazzled us with the first futures-based Bitcoin ETF. Critics, like the ever-eloquent Anthony Scaramucci, have been vocal about the SEC’s previous foot-dragging on spot ETFs. And lo! The product finally graced the market in early 2024, much to the delight of the masses. 🎉