XRP jumps then dumps on faked BlackRock XRP trust filing

A BlackRock filing recommending the asset manager was developing an XRP (XRP) exchange-traded product triggered a 12% spike in XRP, which it rapidly lost after the filing was verified as fake.The saga lasted an hour late on Nov. 14 as X (Twitter) users chose up on a Delaware filing revealing BlackRock submitted to register the “iShares XRP Trust”– a precursor to introducing an exchange-traded fund (ETF). In light of the faked listing, Seyffart iterated that the spot Ether ETF is genuine as it was officially verified via a 19b-4 submission by Nasdaq to the Securities and Exchange Commission.Lot of individuals now asking if the Ethereum trust filing was real after seeing the XRP trust was phony. Only the XRP trust filing was fake.

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