XRP and BlackRock: What's happening?
In recent weeks, rumors have emerged about a possible interest from BlackRock in creating an XRP ETF. However, there is no official confirmation from the asset manager.
The mere rumor has caused significant movements in the price of XRP, demonstrating market interest in any possibility of institutional adoption.
If confirmed, an ETF would boost the liquidity, legitimacy, and demand for XRP. But for now, everything remains in the realm of speculation.
The Ripple project is making progress in banking agreements and global payments, but BlackRock's entry is still not official. Therefore, caution and monitoring are advised.
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