#XRPETFIncoming?
A BLACKROCK $XRP ETF INCOMING?! ๐๐๐ผ
Robert Mitchnik, @Blackrock's Head of Digital Assets:
โI don't think we're going to see a long list of #crypto ETFs. If you think of #Bitcoin, today it represents about 55% of the market cap. $ETH is at 18%. ๐ง๐ต๐ฒ ๐ป๐ฒ๐ ๐ ๐ฝ๐น๐ฎ๐๐๐ถ๐ฏ๐น๐ฒ ๐ถ๐ป๐๐ฒ๐๐๐ถ๐ฏ๐น๐ฒ ๐ฎ๐๐๐ฒ๐ ๐ถ๐ ๐ฎ๐, ๐น๐ถ๐ธ๐ฒ, 3%." โผ๏ธ
Guess what percentage of the crypto market cap $XRP represents? ๐