📉 Why BlackRock STILL Hasn’t Filed an $XRP ETF Yet
Even as $BTC strengthens the ETF narrative, many wonder why BlackRock hasn’t pulled the trigger on an XRP ETF — especially with Robbie Mitchnick’s Ripple background.
The truth? It’s strategy, not hesitation. 👇
Here’s the short version:
• Regulation:$XRP has clarity, but the U.S. legal framework isn’t 100% finalized. BlackRock wants zero gray areas.
• Institutional Demand: Global interest is strong — but U.S. institutional demand isn’t mature enough for BlackRock to justify a first-mover ETF.
• Timing: BlackRock always waits for perfect market + regulatory alignment before launching a new product.
Bottom Line
For $XRP, the foundation is already solid —
✔ Ripple-connected leadership
✔ Global demand
✔ High liquidity
But for BlackRock, the timing just isn’t perfect… yet. ⚡
$BTCUSDT Perp: 91,212.6 (-2.36%)
$XRPUSDT Perp: 2.0604 (-4.99%)
