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)