The crypto market is rife with speculation that BlackRock may submit a spot XRP ETF filing with the SEC soon. One of the reasons for this is the recent spike in the XRP ETF approval odds to 83%. Even if an approval is far away, how would an XRP ETF filing from BlockRock this week impact the price of XRP? At press time, XRP trades at $2.34 with a slight 0.9% intraday gain and 38% below its all-time high. If BlackRock files for a spot XRP ETF this week, can the price soar to record highs? Let’s explore. XRP Price if BlackRock Files ETF Many analysts and investors believe that BlackRock’s XRP ETF filing could be a key catalyst for XRP price rally past the $3.84 record high. However, with the Ripple vs. SEC lawsuit yet to conclude, the $11 trillion asset manager remains hesitant to give investors exposure to XRP…. Read More at Coingape.com
The post Here’s XRP Price if BlackRock Files for Spot ETF This Week appeared first on CoinGape.
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