Tag: XRP Trust

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XRP jumps then dumps on faked BlackRock XRP trust filing

November 14, 2023

XRP’s price surge was short-lived and has almost returned to its original price. A BlackRock filing suggesting the asset manager was creating an XRP (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…
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Grayscale Investments liquidates all of its XRP… while it still can

January 14, 2021

Grayscale is dissolving its XRP Trust and will distribute cash to investors after liquidating all XRP held by the trust. Institutional crypto-fund manager Grayscale Investments has begun the dissolution of its XRP Trust in response to the Security and Exchange Commission’s December 2020 lawsuit alleging the XRP token is a security under U.S. law. According…
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