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XRP spike on hoax filing a ‘bad look’ but won’t sway SEC’s ETF approvals

Bloomberg ETF analyst Eric Balchunas doubts the SEC will deny ETFs after XRP’s price spiked on a faked BlackRock XRP trust filing, but it is a “bad look.”

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

XRP spike on hoax filing a ‘bad look’ but won’t sway SEC’s ETF approvals

Bloomberg ETF analyst Eric Balchunas doubts the SEC will deny ETFs after XRP’s price spiked on a faked BlackRock XRP trust filing, but it is a “bad look.”

Why this matters

This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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