BlackRock Sets Sights on XRP ETF as Ripple Case Closes
Main Idea
Following the resolution of the Ripple lawsuit, there is speculation that BlackRock may file for an XRP ETF, as decreased legal uncertainty could encourage more institutional investment in cryptocurrencies.
Key Points
1. The US SEC and Ripple lawsuit has reached a resolution, reducing legal uncertainties around XRP.
2. BlackRock is speculated to file for an XRP ETF soon, following the conclusion of the Ripple case.
3. Market analysts suggest BlackRock may diversify its crypto ETF offerings, including XRP-based products.
4. Experts believe the success of existing crypto ETFs could encourage more institutional investment in digital assets like XRP.
Description
BlackRock is eyeing an XRP-based ETF following the legal clarity in the Ripple case. The Ripple case resolution paves the way for new crypto investment products. Continue Reading: BlackRock Sets Sights on XRP ETF as Ripple Case Closes The post BlackRock Sets Sights on XRP ETF as Ripple Case Closes appeared first on COINTURK NEWS .
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