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XRP jumps then dumps on faked BlackRock XRP trust filing

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A BlackRock (NYSE:) filing suggesting the asset manager was creating an (XRP) exchange-traded product caused a 12% spike in XRP, which it quickly lost after the filing was confirmed as fake.

The saga lasted an hour late on Nov. 14 as X (Twitter) users picked up on a Delaware filing showing BlackRock filed to register the “iShares XRP Trust” — a precursor to launching an exchange-traded fund (ETF).

XRP’s price spike Source: Cointelegraph Markets Pro

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