CoinShares Knows BlackRock Will Buy Every XRP Left On Open Market

Remi Relief (@RemiReliefX) has stirred a new wave of interest in XRP. He pointed to the withdrawal of CoinShares’ XRP ETF filing and raised a question that caught immediate notice. He examined the timing and asked if the decision was linked to supply pressures that could grow once major asset managers enter the market. Details From The Shared Report Remi directed readers to information from another user who cited the formal withdrawal notice. The update stated that CoinShares filed to withdraw the application under SEC Rule 477 and confirmed that “No shares were sold.” It also said the transaction never reached completion. The report placed the move in a competitive context. It noted potential filings from BlackRock and Fidelity, which would shift attention to larger issuers with deeper resources. The report also pointed out that CoinShares may want to focus on its Nasdaq merger. It closed with a view that...

https://timestabloid.com/coinshares-knows-blackrock-will-buy-every-xrp-left-on-open-market/