The XRP community is buzzing with excitement after BlackRock CEO Larry Fink’s cryptic comment about a potential spot XRP Exchange-Traded Fund (ETF) in a recent Fox Business interview. Fink’s response, “I can’t talk about that!”, has sparked speculation and intense discussion within the community. This has led to investors and analysts closely examining Fink’s words for any hints about BlackRock’s involvement with XRP.
During the interview, FOX Business correspondent Charles Gasparino noted Fink’s limited knowledge of XRP, but also recognized his growing familiarity with Ethereum. Gasparino’s tweet about this has further fueled the speculation.
Fink’s perspective on cryptocurrencies has evolved over time. Initially skeptical about Bitcoin, he now sees its potential as “digital gold” and a safe haven asset in unstable countries. He also acknowledges the legitimacy of the crypto market, despite the presence of bad actors. The recent approval of Bitcoin spot ETFs by the SEC has set the stage for potential ETFs for other cryptocurrencies, such as Ethereum and XRP.
This sentiment is echoed by the market, with Grayscale’s inclusion of XRP in their traded trusts and the growing interest in diverse crypto investment products. Ripple CEO Brad Garlinghouse has also celebrated the SEC’s approval of Bitcoin spot ETFs, considering it a significant step towards legitimizing cryptocurrencies as a mainstream asset class.
Overall, 2022 has started with exciting news for the crypto industry, and as the year progresses, we can expect to see more developments that will shape its future.
