$ETH 💥Why is BlackRock indifferent to XRP ETF? 🚀Is the opportunity bleak under regulatory clouds?😱

Although the XRP ETF attracts institutional attention, BlackRock remains inactive. What is the reason? The Ripple lawsuit is key!

🌟 BlackRock is observing

Current situation: BlackRock's BTC and ETH ETF assets exceed 31 billion USD, XRP ETF lacks momentum.

Reason: Insufficient institutional demand for XRP, BlackRock prioritizes high liquidity assets.

📈 Market Dynamics

Competition: Grayscale and Bitwise have applied for XRP ETF, BlackRock is watching the situation.

Regulation: The lawsuit between Ripple and SEC is undecided, BlackRock is cautiously hedging.$ETH