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🚨 XRP EMERGENCY NEWS UPDATE! BLACKROCK SELLING? HERE’S THE TRUTH! 🚨
Recent discussions have emerged regarding BlackRock's involvement with $XRP , particularly concerning the potential launch of an XRP-focused exchange-traded fund (ETF). However, as of now, BlackRock has not filed for an XRP ETF. In fact, the company has stated that it does not plan to introduce any new ETFs based on altcoins like XRP in the near future, choosing instead to concentrate on expanding the reach of its existing Bitcoin and Ethereum ETFs. U Today
It's important to note that there have been instances of misinformation circulating within the crypto community. For example, a false filing purportedly from BlackRock seeking approval for an "iShares XRP Trust" was reported, which temporarily influenced XRP's market price. BlackRock promptly refuted these claims, confirming that no such filing was made. Blockworks
As for BlackRock selling XRP, there is no verifiable information or official statements indicating that BlackRock holds or has sold XRP tokens. Given BlackRock's current focus on Bitcoin and Ethereum products, any significant involvement with XRP would likely be publicly disclosed through official channels.
In summary, while BlackRock continues to play a significant role in the cryptocurrency market, particularly with Bitcoin and Ethereum, there is no concrete evidence to suggest that the firm is currently engaging with XRP, either through ETF offerings or direct token holdings.
What’s your take on these developments? Let’s discuss below! 🚀
#XRP #BlackRock #CryptoNews #StayInformed
Recent discussions have emerged regarding BlackRock's involvement with $XRP , particularly concerning the potential launch of an XRP-focused exchange-traded fund (ETF). However, as of now, BlackRock has not filed for an XRP ETF. In fact, the company has stated that it does not plan to introduce any new ETFs based on altcoins like XRP in the near future, choosing instead to concentrate on expanding the reach of its existing Bitcoin and Ethereum ETFs. U Today
It's important to note that there have been instances of misinformation circulating within the crypto community. For example, a false filing purportedly from BlackRock seeking approval for an "iShares XRP Trust" was reported, which temporarily influenced XRP's market price. BlackRock promptly refuted these claims, confirming that no such filing was made. Blockworks
As for BlackRock selling XRP, there is no verifiable information or official statements indicating that BlackRock holds or has sold XRP tokens. Given BlackRock's current focus on Bitcoin and Ethereum products, any significant involvement with XRP would likely be publicly disclosed through official channels.
In summary, while BlackRock continues to play a significant role in the cryptocurrency market, particularly with Bitcoin and Ethereum, there is no concrete evidence to suggest that the firm is currently engaging with XRP, either through ETF offerings or direct token holdings.
What’s your take on these developments? Let’s discuss below! 🚀
#XRP #BlackRock #CryptoNews #StayInformed
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