According to breaking information, Summers, who previously reported that BlackRock had registered a registration in Delaware for the Ethereum Spot ETF, reported that the company this time registered the Ishares XRP Trust product for the XRP Spot ETF.
This can’t be real. Ishares XRP Trust registered in Delaware? pic.twitter.com/pA3PX7i8Wu
— Summers (@SummersThings) November 13, 2023
After the news, the XRP price saw a sudden increase to $0.72.
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It is not known whether BlackRock has actually applied for an XRP Spot ETF yet, as anyone can add an application to Delaware’s registration website.
*This is not investment advice.
