Mirnal hoque

#SouthKoreaCryptoPolicy BlackRock and XRP rumors have been circulating, but let's separate fact from fiction. Recently, there was a fake business registration for a BlackRock XRP trust that caused XRP's price to surge and then fall. BlackRock confirmed the filing was false. There's also been speculation about BlackRock filing for an XRP-spot ETF, but the company hasn't made any official announcements. *Key Points about BlackRock and XRP:* - *No Official Filing*: BlackRock hasn't filed for an XRP ETF, and any claims suggesting otherwise are unsubstantiated. - *Legal Issues*: XRP's ongoing legal issues with the SEC make it a riskier choice for companies like BlackRock. - *Focus on Bitcoin and Ethereum*: BlackRock's ETFs are currently focused on Bitcoin and Ethereum, with clearer regulatory paths. - *Past Rumors*: Previous rumors about BlackRock's involvement with XRP have been debunked, including a fake XRP Trust filing in November 2023. - *Market Impact*: If BlackRock were to file for an XRP ETF, it could potentially bring institutional validation and drive up demand ¹ ² ³. *XRP's Current State:* - *Price*: XRP's current price is $2.18, with a 0.14% increase. - *Market Cap*: XRP's market capitalization is $128.64 billion. - *ETFs*: XRP ETFs, such as XRPI and 2X XRP ETF, are trading with positive gains ⁴ ⁵ ⁶. Given the current situation, it's essential to be cautious and not get caught up in speculation. While BlackRock's involvement with XRP could be a game-changer, there's no concrete evidence to support this happening soon.