Yes, gentlemen (!). I found on 'the expanses of the internet', and I present to your attention a very interesting news article. 😉
Personally, I would give it a title ... Something along the lines of, - 'Thoughtful approach, - of thoughtful mice!!' ... 😊 although each of you will draw your own conclusions after reading, as always!! 🤔
And now, attention, - news:
The expert reveals why BlackRock has not filed for an XRP ETF
In a recent post on 'X', renowned crypto commentator 'All Things XRP' detailed the viewpoint on why BlackRock, the world's largest asset manager, has yet to file for an XRP exchange-traded fund (ETF).
Despite Ripple's partial legal victory over the U.S. Securities and Exchange Commission (SEC) and a broader acceleration of digital asset ETF products in the U.S. market, BlackRock has remained notably absent from any XRP-related ETF initiatives. The commentary explains this inaction as driven by strategic, regulatory, and market considerations.
The analyst begins by contrasting BlackRock's aggressive positioning in the Bitcoin and Ethereum ETF markets with its complete absence in the XRP market. The iShares Bitcoin Trust recently exceeded $30 billion in assets under management (AUM), while the firm's Ethereum ETF surpassed $1 billion in AUM just two months after launch.
According to the report, these figures indicate a deliberate strategy focused on assets with a clear institutional profile and dominant market share, rather than a risk distribution among less established or more controversial digital assets.
Although Ripple has achieved a partial victory in its ongoing legal battle with the SEC, the tweet emphasizes that regulatory uncertainty continues to impact institutional behavior.
The legal classification of XRP as a non-security in certain contexts has not resulted in complete regulatory clarity. For firms like BlackRock, reputational and compliance risks remain significant deterrents. The tweet asserts that institutional caution, particularly regarding the SEC's stance on XRP, continues to shape product strategies.
'All Things XRP' claims that BlackRock's internal criteria for launching a crypto ETF revolve around three main elements: demand, liquidity, and legal certainty. While XRP is approaching thresholds on these fronts, it is not yet considered a definitive match.
Company executives have publicly stated that currently only Bitcoin and Ethereum meet their requirements for product approval. Other assets, including XRP, are monitored, especially through the actions of firms like Grayscale and Franklin Templeton, which may be more inclined to take initial steps in potentially controversial territory.
The tweet also mentions a 2023 incident involving a false XRP ETF registration that briefly circulated in the market and sparked widespread speculation. BlackRock was forced to issue a public denial, an episode that may have further solidified the firm's cautious stance.
According to the analyst, the fallout from this episode for public relations served as a reminder of the volatility and reputational risks associated with premature or unofficial announcements in the digital asset space.
In addition to regulatory issues, market structure and volume play a central role in BlackRock's decision-making process. Bitcoin and Ethereum account for a significant portion of the total cryptocurrency market capitalization and possess substantially higher liquidity.
Conversely, XRP's relatively smaller market share means lower institutional trading volume, increasing execution and pricing risks. For BlackRock, launching a new ETF requires a clear institutional need, which the firm has apparently yet to observe concerning XRP.
The concluding points made by 'All Things XRP' suggest that BlackRock's strategy is not to lead but to dominate when entering the market.
With over $11 trillion in AUM, the firm can afford to wait until all regulatory, legal, and market conditions are aligned. When BlackRock ultimately files for an XRP ETF, it is likely to do so to capture the segment rather than just participate.
While some in the crypto community interpret BlackRock's inaction as reluctance or disinterest, the analysis provided by 'All Things XRP' demonstrates a more calculated approach.
From this perspective, the asset manager is waiting for specific signals of clarity and demand before taking a step. If or when it does enter the XRP ETF space, it will be on BlackRock's terms — and is likely to be crafted at that moment for maximum institutional impact.
Disclaimer: This content is for informational purposes only and should not be considered financial advice. The opinions expressed in this article may include the personal views of the author and do not represent the opinion of Times Tabloid. Readers are strongly advised to conduct thorough research before making any investment decisions. Any actions taken by the reader are solely at their own risk. Times Tabloid is not responsible for any financial losses.
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Yes, my dear reader, I couldn't help but highlight 'some theses' from this article. What they hint at in today's financial world, everyone is also entitled to evaluate independently!! 🙄
#MarketRebound
#TariffPause
