加密市场正在为历史性的时刻做好准备

加密货币市场正在为历史性的时刻做好准备：Proshares创建了有史以来第一个XRP期货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.

加密货币市场正在为历史性的时刻做好准备：Proshares创建了有史以来第一个XRP期货ETF。但是，令人惊讶的是，彭博社报道说，Proshares的产品不会像4月30日计划的那样进入市场。

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.

尽管延迟并不一定意味着取消，但它为XRP的机构收养故事增加了一层不确定性，而当时基于期货的ETF成为市场流动性的关键驱动因素。

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.

今年早些时候，ETF世界中的重量级人物Proshares以其比特币战略ETF（BITO）而闻名，他应用于启动XRP Futures ETF。这些文件表明，强大的监管动力，特别是在部分合法胜利的波纹实验室（RPL）（加密：XRP）在2023年对SEC确保的，该实验室在2023年获得了SEC，该实验室将XRP销售归类为交易所的XRP销售额不是证券。

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.

最初的报告表明，Proshares已获得对产品的初步批准，并在4月30日的首次亮相中设立了潜在的。但是，根据彭博社的最新更新，该发布不会按计划进行，也没有设置其他日期。

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

延迟的关键原因尚不清楚，但消息人士表明，正在进行的监管审查，内部策略转移或市场状况可能正在发挥作用。

“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分析师Eric Balchunas指出：“虽然SEC批准基于期货的产品比基于现货的产品更容易获得，但该机构对发布时机和产品准备就绪保持了重大控制。”

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期货ETF的推出本来是XRP主流合法性的流域时刻，类似于比特币在2021年对其第一个期货ETF的经历。

Here’s why this delay is significant:

这就是为什么这种延迟很大的原因：

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

该消息可能会影响短期XRP的情绪，尤其是在预计看涨催化剂的投资者中。

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

决定延迟（即使没有充分解释）的决定表明，尽管法院裁决有利，但在XRP方面仍然谨慎。

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，宣布后，XRP的价格仍然相对稳定，这表明市场已经定价了一些不确定性。

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.

在撰写本文时，XRP的交易价格约为0.52美元，在过去的24小时内下跌了2.5％，但随着更广泛的AltCoin乐观情绪的持续存在，XRP的交易价格仍然高达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.

播音员：请继续关注Proshares的进一步备案或公告有关Proshares XRP期货ETF的状态的公告。成功推出产品最终可能会引起传统金融参与者中XRP的新兴趣。

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

同时，XRP的基本面，Ripple的持续全球扩张以及更广泛的Altcoin市场趋势将继续推动令牌的性能。