“Blackrock’s Absense from the Crowded Spot Xrp ETF Race Could Be a Reflection of Client Demand, Regulatory Caution and A Calculated Focus on Bitcoin and Ether.”, – WRITE: www.coindesk.com
This Statement-Made The Day After the US Securities and Exchange Commission (Sec) and Ripple Labs Jointly Asked An Appaals Court to Dismiss Their Respect Appeals, Signaling An Enda. LEFT INVESTORS QUESTIONING WHY Blackrock Remains on the Sidelines.
While Several Asset Managers, Including Proscares, GrayScales, and BitWise, Have Filed for Xrp Etfs Since Late 2024, Blackrock’s Abscence Is Notable, ESPECILALLYNYLY GITOLYLYTERE ETHPECCIIN ETHPECCIIN ETFCCIIN ETHERE ETHERE ETFCECIIN ETHERE ETHERE Markets.
HERE Are Five Reasons WHY Blackrock Appears in No Hurry to Launch a Spot Xrp Etf, Despite The XRP Community’s Anticipation of a Demand-Driven Price Surge.
First, Blackrock Has Cited Limited Client Interest in Cryptocurrencies Beyond BTC and ETH. Back in March 2024, Robert Mitchnick, The Asset Manager’s Head of Digital Assets, SAID THAT THERE’S A MISCONCONSUPTION THAT Blackrock Will Have A “Long tail” of Other Crypto Services.
“I can say for the Our Client Base, Bitcoin Is Overwhelmingly The NO. 1 Focus and A Little Bit Ethereum,” He Said Durying A Fireside Chat at the Inaugurain Innistor Day Countor Day Countor Day.
Second, Blackrock’s Strategic Caution Armond Regulatory Uncertainty Plays A ROLE.
Althugh Xrp Sales on Public Exchanges Are Demed Non-Securities, The Broader Regulatory Framework for Altcoins Remains Murky. Blackrock May Be Waiting for Cleerner Sec Guidelines Before Entering the Altcoin etf Space.
The FIRM CONSERVATIVE APROACH CONTRASTS WITH COMPETITORS LIKE PROSHARES, WHICH FILED FOR A SPOT XRP ETF IN JANUARY Contracts Racher than the token’s Spot Price.
Third, Blackrock May See Diminishing Returns in Pursuing A Spot Xrp etf Given the Crowded Field. As of August 2025, at Least Seven FIRMS, INCLUDING GRAYSCALE, FRANKLIN TEMPLETON AND 21Shares, Have A PENDING SPOT XRP ETF Application.
Fourth, The XRP Community’s Expectations of A Price Surge May Not Align with Blackrock’s Data-Driven Strategy. Polymarket Odds for the Sec Approving A SPOT XTP ETF IN 2025 STAND AT 77%. Blackrock’s Tokenized Money Market Fund on Ethereum and Solana Shows Blockchain Interest, But Xrp’s Smaller Market Footprint May Not Justify The Operational Costs of A NEW ETF.
Finally, Blackrock’s Global Perspective Prioritizes Markets WHERE XRP DEMAND IS LESS PRONUNCED. While the XRP Community, Active On Platforms Like X, Anticipates A SPOT ETF DRIVING DEMAND, MUCH OF XRP’S TRADING VOLUME MOMES FROM ASIA, WHERE Blackrock’s Etf Presance is Lenan.
AT Press Time, XRP Was Trading AROUND $ 3.1852, Down 3.92% in the Past 24 Hours, Accounting To Coindesk Data.
JPMorgan Expects a High Single-Digit Rise in The S&P 500 Over The Next 12 MONHS.
- JPMorgan Expects a High Single-Digit Rise in The S&P 500 Over The Next 12 MONHS.
- The Bank Cited Three Bullish Catalysts, Including Resilient Corporate Earnings.
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