The price of XRP surged on Monday after someone filed a fake “BlackRock iShares XRP Trust” name registration with the state of Delaware. However, it soon became clear that BlackRock had not made the filing and the price of XRP came crashing down. The Delaware Office of the Secretary of State is now involved and has informed the state Department of Justice. BlackRock is in the process of filing for an Ethereum ETF in Delaware, however the SEC has been denying Bitcoin ETFs for the past 10 years, citing market manipulation. Analysts at Bloomberg Intelligence now say there is a 90% chance the U.S. market will have a Bitcoin ETF by January 10. XRP is currently trading for $0.62, down over 4% in the past 24 hours. This is an important development in the crypto space and could have a major impact on the market. #XRP #Crypto #BitcoinETF #BlackRock #EthereumETF
You can read more about this topic here: Decrypt: BlackRock XRP Trust Faker Referred to Delaware DOJ
