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XRP Pushes Past Tether amid BlackRock ETF Rumours

  • XRP briefly surpassed Tether to become the third-largest crypto by market capitalization, reaching US$2.63 and a US$151 billion market cap.
  • Speculation of a possible XRP exchange-traded fund by BlackRock following the conclusion of the SEC lawsuit contributed to the bullish sentiment and price surge of XRP.
  • Nate Geraci from The ETF Store suggested that BlackRock may file for an XRP ETF to stay competitive in the market.
  • Despite reaching the third position for the third time this year, XRP remains 35% below its all-time high of US$3.84 set in January 2018.

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