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BlackRock CEO Hints at XRP ETF Feasibility

By: CryptoCurrencyWire
February 23, 2024 at 08:05 AM EST
ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

BlackRock has sparked curiosity within the crypto community by suggesting the possibility of introducing an exchange-traded fund (ETF) based on XRP. Although there’s no official confirmation of immediate plans for an XRP spot ETF filing, speculations have surged after enigmatic remarks from BlackRock CEO Larry Fink along with its association with other crypto ETF proposals.

Fink’s reticent answer in a recent interview — “I cannot discuss that” —  in response to questions about an XRP ETF, was taken by XRP investors as a possible sign that BlackRock is thinking about the idea, which might boost the XRP market. However, the ongoing legal confrontation between the Securities and…

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