Some sectors of the crypto industry were excited (and/or confused) by an apparent BlackRock XRP Trust filing in the state of Delaware, suggesting the massive asset manager may try to launch an XRP exchange-traded fund (ETF) after applying to launch bitcoin and ether ETFs. But, this filing was “false.”
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BlackRock isn’t filing for an XRP exchange-traded fund (ETF). Let’s look at why that was a question that needed answering.
Why it matters