XRP&#39;s price was artificially inflated by a bogus file that made it appear as though BlackRock was laying the groundwork for an XRP ETF.The document was sent to the Delaware Divisions of Corporations and made public on their website after it was accepted there. It included information that was consistent with previous disclosures made by BlackRock, such as the company&#39;s name and address for its registered agent. It was very identical to the earlier files for bitcoin and ether; the only difference was that this one named XRP.BlackRock told in an email that the XRP filing is false, despite the fact that it did register the name for its iShares Ethereum Trust in Delaware just last week. Similar to BlackRock&#39;s legitimate ETH filing last week, the fake XRP trust filing used the same address and contact information.As a result of BlackRock&#39;s confirmation that the iShares Ethereum Trust entity name registration in Delaware the previous week was legitimate, the price of Etheruem soared past $2,000 for the first time in a couple of months. This is due to the fact that such registrations are typically done in preparation for an ETF filing. In this instance, events transpired precisely as anticipated, with BlackRock confirming its plans to launch an Ethereum ETF in a subsequent filing with the Nasdaq.Bitcoin and Ethereum exchange-traded funds (ETFs) have generated a great deal of interest, and their prices have fluctuated accordingly. Wall Street behemoth that manages $9 trillion in assets. When BlackRock filed for its iShares Bitcoin Trust in June, it sent shockwaves through the cryptocurrency world. In addition, market prices have increased after each revision or update.ETF experts working for Bloomberg recently made the observation that between now and November 17, there is a little period of time in which the Securities and Exchange Commission (SEC) could accept at least 12 pending applications for Bitcoin exchange-traded funds. The Securities and Exchange Commission (SEC) moved the deadline on all of its Bitcoin ETF filings to November 18, and the opportunity for comments has just come to an end.However, there has been no indication as to whether the SEC intends to provide approval for any of the Bitcoin ETFs as of yet.While the industry waits for an ETF approval, there has been other fake out news in addition to the phony XRP trust name registration that was made public today. The price of bitcoin spiked by ten percent in October after a rumor that the Securities and Exchange Commission (SEC) had granted approval to BlackRock&#39;s proposal to create a bitcoin exchange-traded fund (ETF).#ETF

A Fake File for BlackRock XRP Trust Caused Prices to Rise for a Short Time

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