"Fake BlackRock XRP Trust Filing Causes Volatility in Cryptocurrency Market"
TL;DR Summary
XRP experienced a brief surge in price after a fake filing suggested that BlackRock was creating an XRP exchange-traded product. The filing, which showed BlackRock registering the "iShares XRP Trust," caused XRP to spike by 12% within 30 minutes. However, the gains were quickly lost after the filing was confirmed as fake by Bloomberg ETF analyst Eric Balchunas. BlackRock has signaled its intention to expand beyond Bitcoin with its ETF aspirations, including filing for a spot Ether ETF, which is confirmed to be real.
- XRP jumps then dumps on faked BlackRock XRP trust filing Cointelegraph
- Fake BlackRock XRP Filing Weighs on Altcoins as SOL, AVAX, LINK Decline 8%-12%; Bitcoin (BTC) Slumps 2% CoinDesk
- Fake BlackRock Fund Filing Triggers a Brief Rally in XRP Cryptocurrency Bloomberg
- Is Ethereum ETFs More Talking Point Than Bitcoin ETFs? BeInCrypto
- Fake XRP ETF Registration by iShares/BlackRock Sends Token Temporarily Higher CoinDesk
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