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<ul>
 <li>244% fund influx sparks XRP ETF speculation amid regulatory uncertainty.</li>
 <li>BlackRock says there are no plans for XRP ETF, citing regulatory ambiguity.</li>
 <li>XRP faces challenges, risks sell-off scenario; critical $0.55 support.</li>
</ul>
<p><a href="https://coinshares.com/" target="_blank" rel="noopener noreferrer nofollow">CoinShares</a> reports a remarkable $2.2 million influx into XRP-related products, intensifying discussions about the potential launch of an XRP exchange-traded fund (ETF). Despite optimism, BlackRock denies immediate plans for an XRP ETF, citing regulatory uncertainties, triggering a 2.08% drop in XRP’s value to $0.5492.</p>
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Ripple?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Ripple</a> and <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> BLASTS OFF <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <br><br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;">244% Fund Inflow Surge! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4b0.png" alt="💰" class="wp-smiley" style="height: 1em; max-height: 1em;"> $2.2 million rushes into XRP-related products <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f30a.png" alt="🌊" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> ETF HYPE at its peak! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Is an XRP ETF on the horizon? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6f0.png" alt="🛰" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/ETF?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#ETF</a> <a href="https://twitter.com/hashtag/ToTheMoon?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#ToTheMoon</a> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Learn more: <a href="https://t.co/GZJYedJNwt" rel="noopener noreferrer nofollow">https://t.co/GZJYedJNwt</a> <a href="https://t.co/5kCFjqqGmr" rel="noopener noreferrer nofollow">pic.twitter.com/5kCFjqqGmr</a></p>— Marcel Knobloch aka Collin Brown (@CollinBrownXRP) <a href="https://twitter.com/CollinBrownXRP/status/1748395727280038165?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 19, 2024</a>
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<p>Investors are keenly watching the XRP market as it emerges as the second-best performer among altcoins in 2024, closely following <a href="https://cardano.org/" target="_blank" rel="noopener noreferrer nofollow">Cardano (ADA)</a>. XRP’s exchange-traded products (ETPs) attract substantial inflows, totaling $3.1 million, underlining its popularity. The surge in XRP’s momentum coincides with growing confidence in its prospective entry into the ETF space.</p>
<p>Amid speculations, BlackRock CEO Larry Fink’s cryptic response to questions about XRP ETFs adds fuel to the market buzz. The denial from BlackRock, the world’s largest asset manager, emphasizes the lack of regulatory clarity surrounding XRP, particularly due to the ongoing <a href="https://cryptonewsland.com/lawyer-deaton-weighs-in-on-ripple-vs-sec-a-legal-chess-game/" target="_blank" rel="noopener noreferrer nofollow">Ripple vs. SEC case</a>.</p>
<p>Charles Gasparino, a prominent financial journalist, shares insights on <a href="https://cryptonewsland.com/blackrock-spotlights-new-spot-bitcoin-etf-on-homepage/" target="_blank" rel="noopener noreferrer nofollow">BlackRock’s decision</a>, linking it to the regulatory uncertainty surrounding XRP’s classification. The recent legal developments, particularly Judge Torres’ ruling, place XRP in a regulatory gray area, deterring major institutions from exploring XRP-based ETFs.</p>
<p>Crypto analyst Ali Martinez notes XRP’s struggle to maintain the critical $0.55 support level, warning of a potential sell-off scenario with XRP possibly dropping to $0.34. The market awaits further regulatory clarity and legal resolution for a clearer trajectory of XRP’s ETF prospects.</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/xrp-bucks-trend-with-700k-inflows-as-bitcoin-and-ethereum-see-70m-outflows/" rel="noopener noreferrer nofollow">XRP Bucks Trend with $700K Inflows as Bitcoin and Ethereum See $70M+ Outflows</a></li>
 <li><a href="https://cryptonewsland.com/how-did-solana-attract-a-whopping-24-million-inflow-while-ethereum-lagged-behind/" rel="noopener noreferrer nofollow">How Did Solana Attract a Whopping $24 Million Inflow While Ethereum Lagged Behind?</a></li>
 <li><a href="https://cryptonewsland.com/ripples-legal-victory-boosts-confidence/" rel="noopener noreferrer nofollow">Ripple’s Legal Victory Boosts Confidence as XRP Expects Inflows from Institutions</a></li>
 <li><a href="https://cryptonewsland.com/new-highs-for-friend-tech-daily-eth-inflow-and-transaction-volumes-skyrocket/" rel="noopener noreferrer nofollow">New Highs for Friend Tech: Daily ETH Inflow and Transaction Volumes Skyrocket</a></li>
 <li><a href="https://cryptonewsland.com/rocket-pool-rpl-price-prediction-2/" rel="noopener noreferrer nofollow">Rocket Pool (RPL) Price Prediction 2023: Will RPL Price Hit $95?</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/ripples-xrp-rockets-with-a-244-fund-inflow-surge-amid-etf-speculation/" rel="noopener noreferrer nofollow">Ripple’s XRP Rockets with a 244% Fund Inflow Surge Amid ETF Speculation</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Ripple’s XRP Rockets with a 244% Fund Inflow Surge Amid ETF Speculation

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