After news of BlackRock’s exchange-traded fund (ETF) filling broke out, XRP‘s (XRP) value spiked by 10%, albeit shortly, before returning to its previous valuation.
It turned out that the filing of iShares ETF initially believed to be by BlackRock, was fake, with a submission made to the Delaware Divisions of Corporations and published on their website.
The fake filing included information consistent with the company’s previous filings, such as the registered agent’s name and address. While resembling earlier ETF filings for Bitcoin (BTC) and Ethereum (ETH), this one specifically mentioned XRP.
This can’t be real. Ishares XRP Trust registered in Delaware? pic.twitter.com/pA3PX7i8Wu
— Summers (@SummersThings) November 13, 2023
Questions emerged regarding the iShares XRP Trust filing, as it remained actively listed on the ICIS Delaware website.
The listing raised doubts about claims of its falsity, as one would expect a fraudulent filing to have been removed promptly.
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