加密市場正在為歷史性的時刻做好準備

加密貨幣市場正在為歷史性的時刻做好準備：Proshares創建了有史以來第一個XRP期貨ETF。

The crypto market was gearing up for a historic moment: the launch of the first-ever XRP futures ETFs by ProShares. However, in a surprising turn, Bloomberg reports that ProShares’ products will not be hitting the market as planned on April 30.

加密貨幣市場正在為歷史性的時刻做好準備：Proshares創建了有史以來第一個XRP期貨ETF。但是，令人驚訝的是，彭博社報導說，Proshares的產品不會像4月30日計劃的那樣進入市場。

While the delay doesn’t necessarily mean cancellation, it adds a layer of uncertainty to XRP’s institutional adoption story, at a time when futures-based ETFs are becoming critical drivers of market liquidity.

儘管延遲並不一定意味著取消，但它為XRP的機構收養故事增加了一層不確定性，而當時基於期貨的ETF成為市場流動性的關鍵驅動因素。

Earlier this year, ProShares, a heavyweight in the ETF world known for its Bitcoin Strategy ETF (BITO), applied to launch XRP futures ETFs. The filings suggested strong regulatory momentum, particularly following the partial legal victory Ripple Labs (RPL) (CRYPTO:XRP) secured against the SEC in 2023, which classified XRP sales on exchanges as not securities.

今年早些時候，ETF世界中的重量級人物Proshares以其比特幣戰略ETF（BITO）而聞名，他應用於啟動XRP Futures ETF。這些文件表明，強大的監管動力，特別是在部分合法勝利的波紋實驗室（RPL）（加密：XRP）在2023年對SEC確保的，該實驗室在2023年獲得了SEC，該實驗室將XRP銷售歸類為交易所的XRP銷售額不是證券。

Initial reports indicated that ProShares had secured preliminary approval for the products, setting up a potential April 30 debut. But according to a recent update by Bloomberg, the launch will not proceed as scheduled, and no alternative date has been set.

最初的報告表明，Proshares已獲得對產品的初步批准，並在4月30日的首次亮相中設立了潛在的。但是，根據彭博社的最新更新，該發布不會按計劃進行，也沒有設置其他日期。

Key reasons for the delay are still unclear, but sources suggest ongoing regulatory scrutiny, shifting internal strategies, or market conditions could be at play.

延遲的關鍵原因尚不清楚，但消息人士表明，正在進行的監管審查，內部策略轉移或市場狀況可能正在發揮作用。

“While SEC approval for futures-based products is generally easier to obtain than for spot-based products, the agency maintains significant control over launch timing and product readiness,” noted Bloomberg ETF analyst Eric Balchunas.

彭博社ETF分析師Eric Balchunas指出：“雖然SEC批准基於期貨的產品比基於現貨的產品更容易獲得，但該機構對發佈時機和產品準備就緒保持了重大控制。”

The launch of XRP futures ETFs would have been a watershed moment for XRP’s mainstream legitimacy, similar to what Bitcoin experienced with its first futures ETFs in 2021.

XRP期貨ETF的推出本來是XRP主流合法性的流域時刻，類似於比特幣在2021年對其第一個期貨ETF的經歷。

Here’s why this delay is significant:

這就是為什麼這種延遲很大的原因：

The news may weigh on short-term XRP sentiment, especially among investors anticipating a bullish catalyst.

該消息可能會影響短期XRP的情緒，尤其是在預計看漲催化劑的投資者中。

The decision to delay — even without full explanation — signals that regulators are still cautious when it comes to XRP, despite favorable court rulings.

決定延遲（即使沒有充分解釋）的決定表明，儘管法院裁決有利，但在XRP方面仍然謹慎。

Interestingly, XRP’s price has remained relatively stable following the announcement, suggesting that the market had already priced in some uncertainty.

有趣的是，宣布後，XRP的價格仍然相對穩定，這表明市場已經定價了一些不確定性。

At the time of writing, XRP is trading at around $0.52, down 2.5% over the past 24 hours but still up around 12% month-to-date as broader altcoin optimism persists.

在撰寫本文時，XRP的交易價格約為0.52美元，在過去的24小時內下跌了2.5％，但隨著更廣泛的AltCoin樂觀情緒的持續存在，XRP的交易價格仍然高達12％。

Announcers: Stay tuned for further filings or announcements from ProShares regarding the status of the ProShares XRP futures ETFs. A successful launch of the products could eventually spark new interest in XRP among traditional finance players.

播音員：請繼續關注Proshares的進一步備案或公告有關Proshares XRP期貨ETF的狀態的公告。成功推出產品最終可能會引起傳統金融參與者中XRP的新興趣。

In the meantime, XRP’s fundamentals, Ripple’s ongoing global expansion, and broader altcoin market trends will continue to drive the token’s performance.

同時，XRP的基本面，Ripple的持續全球擴張以及更廣泛的Altcoin市場趨勢將繼續推動令牌的性能。