Ripple’s XRP just hit a major speed bump. Despite legal wins over the SEC, $10T giant BlackRock has officially confirmed:
❌ No plans for an XRP ETF
💥 Why This Hurts:
XRP holders were banking on institutional backing after Ripple’s partial victory. Many hoped BlackRock would join the party — instead, the door slammed shut.
📉 The Ripple Effect:
Institutional Hope Fades – BlackRock’s decision sends a strong “not interested” signal to Wall Street.
Focus on BTC & ETH – Execs say only Bitcoin & Ethereum meet their investability and client demand standards.
Capital Flows Missed – Billions have poured into BTC & ETH ETFs… XRP won’t see that boost.
💬 Analyst Take:
ETF experts like Eric Balchunas don’t expect any XRP index-based ETFs this year — low demand, limited upside.
Bottom Line:
Ripple’s legal clarity was a big step… but without market demand and institutional backing, the XRP moon mission is still on standby. 🚀🛑
