🚨 The Truth Behind BlackRock's Application for a Spot ETF for XRP – Unveiling the Facts
The Narrative:
Social media has been abuzz with news that BlackRock intends to file for the launch of a Spot ETF for XRP. However, upon verification, it turns out that the news is untrue as of now.
Details:
• There is no official filing with the SEC regarding an XRP ETF from BlackRock as of June 3.
• The rumors stem from a fake image on X (formerly Twitter).
• A spokesperson for BlackRock declined to comment officially.
Analysis:
The repetition of ETF rumors surrounding XRP reflects the market's thirst for this move, but so far there are no reliable indicators. The news caused fluctuations in the price of XRP during the day by ±4%.
#XRP #BlackRock #ETF #CryptoRumors #RippleNews
