Cryptocurrencies are now at a historic turning point, and the latest move confirms this. BlackRock is back in the game. Earlier today, we mentioned that BlackRock could take action for various altcoins while discussing the application for an ETH ETF. It has just been revealed that this speculation was not empty, and BlackRock has taken action.
Last Minute Update on XRP Coin
XRP Coin‘s Spot XRP ETF (iShares XRP ETF) has been registered in Delaware. We saw this move a few days ago for ETH, and BlackRock made the official application. Despite the ongoing lawsuit, it would be highly ambitious for the world’s largest asset manager to take the same step for XRP Coin. This will also represent a historic milestone for cryptocurrencies. If the XRP Coin application is officially submitted, it would not be surprising to see that BlackRock has taken action for different major altcoins.
In the next stage, this situation implies further expansion of the institutional crypto investor network through ETFs. A new era where institutional investors can invest safely on a global scale.
As of 00:05, the application can be accessed through the website, and the XRP Coin price has surpassed $0.74.
