{"id":560514,"date":"2023-11-14T05:47:44","date_gmt":"2023-11-14T05:47:44","guid":{"rendered":"https:\/\/uniquehot.com\/?p=560514"},"modified":"2024-06-11T14:31:07","modified_gmt":"2024-06-11T14:31:07","slug":"xrp-price-leaps-16-on-fake-blackrock-etf-filing-details","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple\/xrp-price-leaps-16-on-fake-blackrock-etf-filing-details\/","title":{"rendered":"XRP Price Leaps 16% On Fake BlackRock ETF Filing: Details"},"content":{"rendered":"
On late November 13, the XRP price experienced a significant surge, momentarily jumping by 16% following a purported exchange-traded fund (ETF) filing by BlackRock, which quickly turned out to be fake.<\/p>\n
The incident began when X (formerly Twitter) users shared a filing in Delaware suggesting that BlackRock, the global asset management giant, had registered the \u201ciShares XRP Trust\u201d. This action is typically a precursor to launching an ETF. Consequently, the XRP price soared to $0.75, a 16% increase, within just 25 minutes of the news breaking.<\/p>\n