key takeaways
- Blackrock has stated that there is no plan to offer spot ETF for XRP or Solana at present.
- After the launch of bitcoin and atherium ETF, the asset manager clarified his position amid speculation.
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With the shutdown of its long -running legal battle with SEC, industry analysts estimated that the resolution would make the major fund managers to offer more comfortable those offering investment products tied to the original crypto asset of the XRP, Ripple.
Pro-XRP users, in particular, are eyes, asset management giants. But it appears Blackrock.
A Blackrock spokesperson recently told The Block that Spot XRP and Solana (Sol) ATF are no longer for F.
ETF Store Chairman Nate Gresi confirmed that Blackrock Wound eventually entered the XRP ETF market as RIPPLE and SEC and wrapped their appearance.
He said it is difficult to justify Gunning Crypto assets besides bitcoin and atherium, but if Blackrock Rali stops from other crypto ETFs, they are essentially saying that BTC and Ath. Worth investing in.
Yes, I think Blackrock had to wait to see that Ishares XRP ETF …
If I am wrong then I own it.
Beyond IMO, BTC and Eth, Gnor Crypto sins * zero * for them.
Otherwise, they are basically saying that BTC and ETH are only on it that will be the value at any time. Bold. pic.twitter.com/ftbqmrfpol
– Nat Garacy (@Nategraci) August 8, 2025
However, Bloomberg ETF analyst Eric Balchunas feels that Blackrock is material with its current ETF, these two largest crypto assets are bound by assets, and see low returns in Urdu expansion.
I think they are going to both. Law of low returns from here. But I don’t have to go again, but here I have my own spidey sense.
– Eric Balchunas (@ersbalchunas) August 8, 2025
The analyst is also domestic that Blackrock will file for an index-based crypto ETF, including major assets such as XRP.
“Very little” frame for other Crypto ETF: Blacrock’s Officers
Robert Mysticic, Head of Digital Assets of Blackrock, revealed in Bitcoin 2024 Convention, which is ‘very low’ client dandand for Crypto ETF beyond bitcoin and athrum.
SAMARA Cohen, Blackrock’s Chief Investment Officer of ETF and Index Investments, Syed, said in an interview with Bloomberg that the firm would not have a Solna ETF lunch in the near period.
Cohen said, “We really look at the inventor of the ability to see, what the bar is met, what the bar distributed in the ETF gets,” Cohen said. “For us right now, both (investment) capacity status and we do from our customers to … bitcoin and ether with that time.”
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