BlackRock’s XRP Trust Filing on Ice—Waiting for SEC Vote?
🧊 Despite growing speculation, BlackRock has not officially filed for an XRP ETF. The firm is reportedly waiting for regulatory clarity and the outcome of the SEC’s final vote on Ripple’s legal status before making a move. Analysts say the delay could be strategic—letting smaller firms test the waters first.
💬 “It would make zero sense for BlackRock to let others dominate the altcoin ETF space,” said ETF Store President Nate Geraci.
BlackRock met with the SEC’s Crypto Task Force in May, discussing ETF structures—but XRP was not mentioned in the shared notes.
📈 XRP is trading at $3.48, with ETF approval odds rising as Grayscale, Franklin Templeton, and Canary Capital push forward with filings.
A fake XRP Trust filing in 2023 caused confusion, prompting BlackRock to tighten its ETF disclosure protocols.
📊 Key metrics:
- XRP price: $3.48
- ETF approval odds: 88%
- BlackRock status: no official XRP filing
- Competitor filings: Grayscale, Franklin Templeton, Canary
- Market cap: $206B
- Whale activity: rising
Why it matters:
✅ BlackRock’s entry could legitimize XRP for institutional portfolios
✅ SEC vote may unlock a wave of spot ETF filings
✅ Ripple’s legal clarity is the final barrier to mainstream adoption
🧠 Will BlackRock file post-SEC vote—or let rivals take the lead?
👇 Are you holding XRP or rotating into RLUSD ahead of ETF launches?
📌 Follow me for daily XRP ETF updates and macro-driven altcoin plays.
XRP #BlackRock #XRPTrust #ETFWatch
