Why is BlackRock hesitant to touch the XRP ETF? The answer is actually this! 😱

Although the XRP ETF is attracting more and more institutional investors' attention, the world's largest asset management company, BlackRock, has remained silent. Why? Because their interest in XRP is still not high enough! 💸

BlackRock's success with Bitcoin and Ethereum ETFs has made them a fortune, and now they are focusing more on assets with strong liquidity and stable demand, which XRP has not yet achieved. Although smaller companies like Grayscale have already submitted XRP ETF applications, BlackRock is still waiting for regulatory clarity, especially regarding the SEC's stance on the XRP ETF.

Industry experts point out that BlackRock typically enters the market only when market conditions and institutional demand are clear, which means the approval of an XRP ETF could still take a long time, at least until the outcome of the Ripple vs. SEC lawsuit is released. 👀

So, the future of the XRP ETF is still uncertain. Investors will have to wait a bit longer for regulatory clarity and an increase in market enthusiasm!