In the dim warehouses of digital fortune, where bitcoin’s quiet breath marked the passing of a solemn weekend, the great machine stuttered and stalled. Bitcoin, that colossus of cryptographic majesty, slipped from its lofty throne—94,500 shattered to less than 93,000 before it limped back to the start line, as if mocking its own grandeur.
Amidst the silent ranks of these metallic shadows, XRP stirred—not with the subtle patience of a monk contemplating exile, but with the sudden leap of a fox startled by the dawn. From the depths of $2.16, it sprang as high as $2.3, a peak never whispered for days. A modest climb, only 5 percent—yet in this frozen landscape of despair, a summit worthy of song.
What unseen hand nudged this creature from its lethargy? Ah, the intricacies of bureaucratic approval, dressed in the farce of American regulatory theater. ProShares, as if stretching its joints after a long winter, received permission to unleash upon the market three new XRP ETFs—Ultra XRP ETF, Short XRP ETF, and Ultra Short XRP ETF, the last with the thrill of -2x leverage, because who doesn’t want to gamble on losing twice as fast? 🍿
ICYMI: ProShares, that cunning jester, earned the nod from the SEC to parade three XRP ETFs: one that doubles down, one that bets against, and another that leans into the abyss with double negative leverage.
A trifecta of futures, offering a playground for both the hopeful long and the despairing short.
— CryptoPotato Official (@Crypto_Potato) April 28, 2025
Of course, these gifts are far from the prized “spot” ETFs, the holy grail coveted by XRP’s acolytes. Instead, they are echoes—leveraged shadows of hope cast by the earlier Teucrium offerings. Nonetheless, this bureaucratic nod was enough to quicken XRP’s pulse over the weekend and into the weary dawn of Monday.
The prophets of crypto, with their crystal balls clouded by fervor, whisper of a coming apocalypse or perhaps a renaissance, where spot XRP ETFs will crush the markets and send the token soaring to mythical heights—$100, they say. How fanciful, and yet, how deliciously chaotic the thought.
For those thirsty for the latest market oracles’ delirium, the wildest XRP forecasts await in the labyrinth here.
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2025-04-28 09:36