Affected by the "BlackRock XRP ETF" rumors, XRP positions exploded to US$7.1622 million in the past 24 hours

According to Coinglass data, XRP liquidations reached $7.1622 million in the past 24 hours, with long positions accounting for $4.7601 million, or 66% of the total.

Earlier today, news of a document that appeared to be a BlackRock application for an XRP ETF caused a temporary price increase. The document was submitted to the Delaware Department of Corporations and posted on their website. It contained details matching those of a BlackRock filing, including the name and address of its registered agent. It was similar to filings made for Bitcoin and ETH, but mentioned XRP.

However, a BlackRock spokesperson confirmed that the filing was not related to BlackRock.

BlackRock XRP

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Affected by the "BlackRock XRP ETF" rumors, XRP positions exploded to US$7.1622 million in the past 24 hours

All Comments

Recommended for you

Nobel laureate in economics: Stablecoins are “under-regulated” and governments could be forced to provide billions of dollars in bailouts if they collapse in a financial crisis

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Cointime July 27th News Express

Bloomberg ETF Analyst: XRP ETF may be the next exchange-traded fund product to be launched

As of July 25, BlackRock IBIT held more than 338,000 bitcoins, an increase of more than 1,092 bitcoins from the previous day.

Cointime July 20th News Express

BlackRock IBIT saw a total net inflow of $705 million this week

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