#blackRock
BlackRock has no immediate plans for an XRP ETF despite its bitcoin and ether ETF ventures. Investors are puzzled by this, especially after the SEC and Ripple Labs sought dismissal of ongoing appeals, signaling an end to their legal battle. BlackRock cites limited client interest outside BTC and ETH, and regulatory uncertainties. Competitors like ProShares have filed for XRP ETFs, but BlackRock remains cautious, focusing on markets with stronger demand for its products.
BlackRock has no immediate plans for an XRP ETF despite its bitcoin and ether ETF ventures. Investors are puzzled by this, especially after the SEC and Ripple Labs sought dismissal of ongoing appeals, signaling an end to their legal battle. BlackRock cites limited client interest outside BTC and ETH, and regulatory uncertainties. Competitors like ProShares have filed for XRP ETFs, but BlackRock remains cautious, focusing on markets with stronger demand for its products.
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XRP
2.9464
+2.27%
