BTC-Newswire

Is BlackRock Looking To File For An XRP ETF? Insider Has Answers

Press Releases Crypto News Bitcoinist Is BlackRock Looking To File For An XRP ETF? Insider Has Answers

Since the approval of Spot Bitcoin ETFs, speculations about the potential for an XRP Spot ETF continue to grow in the crypto community. However, recent reports have suggested a lack of clear prospects for an XRP ETF in the future.

Notably, Charles Gasparino, an American journalist and senior correspondent at Fox Business has revealed that BlackRock has dismissed any possibility of filing for an XRP ETF.

No Prospects For An XRP ETF

In a recent X (formerly Twitter) post, Gasparino disclosed that BlackRock, one of the world’s leading investment companies, has allegedly declared having “no plans” for an XRP ETF. The shocking news shared on Thursday, January 18, had a swift but unfavorable response from the XRP community. Interestingly, this disclosure also follows BlackRock’s Chief Executive Officer (CEO) Larry Fink’s recent elusive remarks about a potential XRP ETF.

During a Fox Business interview with Gasparino, Fink faced questions about the possibility of launching an XRP Spot ETF. However, the BlackRock CEO swiftly responded with an abrupt “I can’t talk about that!” The elusive reply sparked discussions in the crypto community as experts attempted to probe Fink’s words for hidden meanings towards an XRP ETF.

While BlackRock has made no solid statements about an XRP ETF, Gasparino has affirmed that individuals with firsthand information on the matter have confirmed that the investment company has ruled out an XRP ETF. The American journalist disclosed late last week that Fink lacked in-depth knowledge of XRP, hence his non-committal response to Gasparino’s questions about a potential Go to Source to See Full Article
Author: Scott Matherson

Did you like this?
Tip BTC Newswire with Cryptocurrency