WATCH: Recent BlackRock Comments Hint At XRP ETF?
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January 13, 2024 11:35 am
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Recent comments from BlackRock’s Larry Fink have set the online rumor mill ablaze.
Members of the crypto community are abuzz with speculation regarding a potential XRP ETF. Following the historic approval of the spot Bitcoin ETFs in America, all eyes are now on more exchange-traded funds focusing on crypto.
During a recent interview on Fox Business, the BlackRock CEO was asked about the possibility of an XRP ETF.
The CEO responded with five simple words: “I can’t talk about that,” prompting hope-fueled speculation from the XRP Army and the broader crypto community.
Why would Fink decline to talk about it if it wasn’t in the works or at least a possibility for the world’s biggest asset manager? Take a look at Fink’s recent comments on Fox Business:
BOOOOOOOOOOOOOOOOOOM!!!!
BlackRock CEO Larry Fink about an #XRP ETF: “I can’t talk about that!”
He can't talk about that because he knows what will happen with the price when he says that BlackRock is planning an XRP ETF 🚀📈 pic.twitter.com/TgpSMwrRBg
— JackTheRippler ©️ (@RippleXrpie) January 13, 2024
🚨BREAKING: Fink (BlackRock) declined to comment on the possibility of a Spot #XRP ETF.
In other words XRP ETF is coming 👊😎 pic.twitter.com/ebwA5cA7wv
— JackTheRippler ©️ (@RippleXrpie) January 13, 2024
🚨#Xrp HOLDERS ITS OFFICIAL 🚨#Xrp IS THE CHOSEN TOKEN 🚀
You wonder why Larry Fink CEO of #Blackrock can’t speak on #Xrp ETF! This is setting up to be bigger than your dreams! #Xrp to the F**king moon! 🚀🚀pic.twitter.com/efhLSsURJt
— HighVibe 💥🔥💥 (@HighVibeAssets) January 12, 2024
Cryptopolitan noted:
The conversation around an XRP ETF extends beyond BlackRock. A senior executive from Valkyrie, a company authorized to list a Bitcoin ETF, has also mentioned the possibility of an XRP ETF.
Here are some notable quotes from Charles Gasparino’s recent Fox Business interview with Larry Fink:
“The economy is in a very good position and will get stronger.”
“I believe I could have been more literate when I was talking about ESG. I was talking about sustainability, I was never referring to the other letters.”
“I commend Bill in what he’s doing…but this should not be a major component of how we move our economy forward.”
“If you’re fearful of your government, or worrying your government is devaluing the currency, then you could see this as a great potential long-term store of value. It’s like digital gold.”
“It is a ledger, but it’s an international ledger that’s cross-border. It’s bigger than any government.”
“The advent of the Bitcoin ETF is an example that we’re legitimizing this asset class.”
On the possibility of an $XRP spot ETF: “I can’t talk about that.”
🚨NEW: Here are some key quotes from my interview with @BlackRock CEO Larry Fink on the economy, @BillAckman and the $BTC Spot ETFs.
🚨"The economy is in a very good position and will get stronger."
🚨"I believe I could have been more literate when I was talking about ESG .I…
— Charles Gasparino (@CGasparino) January 12, 2024
CNBC also highlighted this statement from Fink:
“ETFs are step one in the technological revolution in the financial markets,” he said. “Step two is going to be the tokenization of every financial asset.”
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