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XRP News Today: Will BlackRock Launch an XRP ETF? Legal Issues Remain; BTC Eyes $90k
Key Points:
Speculation mounts over BlackRock entering the XRP ETF race as legal clarity around Ripple improves.
A Ripple-SEC settlement may influence institutional demand and accelerate XRP-spot ETF filings.
XRP held above $2 despite a weekly drop, supported by optimism over a legal resolution and ETF potential.XRP-Spot ETF Buzz Builds: Will BlackRock Wait for Legal Clarity Before Joining the Race?
Speculation about a potential XRP-spot ETF market has intensified, boosting XRP demand as developments in the SEC vs. Ripple case continue. While ETF issuers like 21Shares, Bitwise, Canary Funds, Franklin Templeton, Grayscale, and WisdomTree have filed XRP-spot ETF applications, BlackRock (BLK) has yet to do so.
Commenting on BlackRock’s dominance in the BTC and ETH ETF markets, XRP investor All Things Crypto noted: