XRP News Today: BlackRock Speculation Lifts XRP to 7-Week High
The letter underscored BlackRock’s plans to launch additional crypto-spot ETFs, with requests to discuss:
- Factors for approving crypto ETPs under Section 6(b) of the Exchange Act.
- Possible interim frameworks for ETP issuer activities.
SEC Sentiment Shifts and ETF Prospects
Crypto America host and journalist Eleanor Terrett highlighted the shift in the SEC’s stance on crypto, stating:
“The second meeting with BlackRock today marks the Crypto Task Force’s 99th meeting with industry participants. Nearly 100 meetings since February. What a stark contrast to the last four years.”
BlackRock Silence and Legal Uncertainty
Despite growing speculation, BlackRock has remained silent on any XRP-spot ETF plans since debunking a fake…