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BlackRock Reportedly Has No Plans to Launch XRP ETF - The Crypto Basic

Retrieved on: 2024-01-19 13:36:20

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Summary

Charles Gasparino from Fox Business reports that, contrary to rumors, BlackRock will not be launching an XRP exchange-traded fund (ETF). Speculation arose after BlackRock CEO Larry Fink's ambiguous comments, but Gasparino dismissed the possibility due to SEC v. Ripple legal complexities. BlackRock is instead considering an Ethereum ETF.

Article found on: thecryptobasic.com

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