BlackRock isnât moving on an XRP ETF yet even though $XRP is one of the most in demand altcoins for an ETF.đ¶âđ«ïž Hereâs why: 1. Short-Term Regulatory Uncertainty The SEC still hasnât fully defined whether XRP and other crypto assets are securities or commodities. Even though courts have ruled XRP isnât a security, the SEC keeps delaying ETF decisions. Approvals are now pushed into June or October 2025. BlackRock is waiting for full regulatory clarity before making a move. 2. New Institutional Grade Derivatives Big investors use futures to hedge and manage risk. Bitcoin and Ethereum have high volume CME futures. XRP launched CME futures on May 19, 2025, with 19 million dollars in volume on day one. It is a major milestone but the XRP futures market is still new. Institutions tend to wait for consistent activity and deeper liquidity before getting involved. 3. Liquidity Not Strong Enough Yet XRP has strong market depth and is one of the top altcoins in that category. But ETFs require high and stable liquidity to handle large inflows and outflows. The SEC watches this closely. BlackRock may be waiting for XRPâs liquidity to mature further. 4. Focus on What Is Already Working BlackRockâs Bitcoin and Ether ETFs are pulling in massive inflows. Right now, BlackRock is focused on scaling what is already performing. 5. Competitive Timing XRP and Solana are leading ETF application activity. BlackRock may be watching how the SEC handles these filings before jumping in. They are waiting for stronger demand and a better regulatory environment. BlackRock is simply waiting. They are waiting for clearer rules, deeper market maturity, and more sustained demand before making a calculated move.đŻ
$LUNC on the 4H timeframe took support at the lower horizontal support zone and is now bouncing from that level. Currently, $LUNC is approaching the trendline resistance zone.
Once $LUNC flips that trendline resistance into support, we can consider entering a long. Keep watching â structure is building up nicely.