XRP Faces Setback as BlackRock Rules Out ETF Plans
A Blow to XRP’s ETF Hopes
Ripple’s XRP has run into a major roadblock. Despite recent legal victories over the SEC, BlackRock — managing over $10 trillion — has confirmed it will not launch an XRP ETF, crushing investor hopes for large-scale institutional adoption.
From Optimism to Disappointment
Following Ripple’s partial court win, many expected BlackRock to follow Bitcoin and Ethereum’s ETF success. Industry voices like Nate Geraci suggested legal clarity might open the door — but BlackRock’s stance is firm: they’re focusing only on BTC and ETH due to stronger demand and market trust.
Institutional Impact
BlackRock’s decision sends a clear message. Without ETF products, XRP may remain an altcoin with limited institutional interest. While other firms could file for XRP ETFs, BlackRock’s influence often shapes the market’s direction.
The Road Ahead for XRP
ETF analyst Eric Balchunas says index-based XRP ETFs are unlikely this year, citing low demand. Ripple’s regulatory clarity was expected to be a game-changer — but this shows that market appetite and institutional backing are just as critical as legal wins.