Crypto journalist Eleanor Terrett: ProShares' three XRP ETFs are not spot funds

According to a report by Golden Finance, crypto journalist Eleanor Terrett stated in an article on X platform that ProShares' three XRP ETFs are not spot products, but an application for futures and leveraged/reverse products. These products do not require approval from the US Securities and Exchange Commission like spot products, and as long as the commission does not raise any objections within a certain period of time after submitting the application, these products will take effect.