Delaware DOJ Investigates BlackRock XRP Trust Faker

1 min read
Source: Decrypt
Delaware DOJ Investigates BlackRock XRP Trust Faker
Photo: Decrypt
TL;DR Summary

The Delaware Office of the Secretary of State has referred a fake filing for the "BlackRock iShares XRP Trust" to the state Department of Justice. The filing, which caused a 12% surge in XRP's price, falsely indicated a forthcoming XRP ETF from BlackRock. However, BlackRock confirmed that the filing was fake, and the SEC is currently reviewing various ETF applications from traditional finance firms. Analysts predict a 90% chance of a Bitcoin ETF being approved by January 10, leading to increased market speculation. XRP is currently trading at $0.62.

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