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XRP News Today: BlackRock ETF Buzz Lifts Bullish Price Outlook
Renewed speculation about BlackRock (BLK) launching an iShares XRP Trust boosts demand for XRP. The largest ETF issuer by assets under management has remained silent on its plans for a broader crypto-spot ETF product suite. The US XRP-spot ETF market would significantly benefit from an iShares XRP Trust launch, given the iShares Bitcoin Trust’s (IBIT) dominance in the BTC-spot ETF market. Progress toward crypto-friendly legislation and XRP-spot ETF inflows contributed to the recovery from sub-$1.80 levels. Strong demand for XRP-spot ETFs, regulator-related developments, and a potential iShares XRP Trust launch ... (full story)
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