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This week, the crypto community erupted when a fake BlackRock XRP ETF filing surfaced; regulators are still indecisive on ETF filings; Elon Musk’s “thermonuclear” lawsuit earns praise from InputOutput; and institutional adoption remains sustained . Fake BlackRock XRP ETF filing The XRP community was thrown into excitement when a filing for a BlackRock iShares XRP Trust made its way to the Delaware ICIS on Nov. 13. The discovery triggered an XRP rally to $0.73. However, the asset was dumped immediately when several industry commentators such as Bloomberg ETF analyst Eric Balchunas confirmed that the filing was fake. Shortly after reports of the fake filing surfaced, the Delaware State Department reported the case to the state’s Department of Justice (DoJ). SEC postpones decision on ETF filings The SEC once again postponed making a decision on crypto-focused ETF filings. The securities regulator deferred its decision on Hashdex’s application for a spot ...

One Bloomberg analyst says that a BlackRock Spot Bitcoin ETF could bring in $30 trillion in capital. Specifically, Eric Balchunas told CoinTelegraph that the potential product approval from the US Securities and Exchange Commission (SEC) could be massively important to the industry.  BlackRock had seemingly set off a race to get a Spot Bitcoin ETF approved. It was followed quickly by Fidelity and a host of other companies seeking to bring the product to market. Balchunas and other experts have predicted that its arrival could be a game changer.  Source: Pixabay Also Read: Former SEC Chair Says Bitcoin ETFs Should be Approved BlackRock Spot Bitcoin ETF a Game Changer? Over the last month, Bitcoin ETF s have been the talk of the industry. Traditional finance firms, BlackRock and Fidelity, shocked the market with the announcement of their filed applications. Nevertheless, it has driven interest in Bitcoin and related entities. Coinbase has even benefited from it...