Blackrock made up -to -date moves in bitcoin and ether ETF, but on Friday the asset manager Says It has no immediate plan to file for a funds exchanged by XRP exchange (ETF)The community hopes that entering it will help expand the 2025 XRP rally.
This statement – made the day after the US Securities and Exchange Commission (Sec) and ripple labs together Question An appeal to the court to delete their appeals, which signed at the end of their nearly five-year legal battle-left investors asking why Blackrock remained on the sides.
While some ownership managers, including Proshares, Grayscale, and Bitwise, have filed for the XRP ETFS since late 2024, the absence of blackrock has not been noticeable, especially given the dominance in the Bitcoin and ETF markets.
Here are five reasons why Blackrock appears to launch a place of XRP ETF, despite the hope of the XRP community of a demand-driven price climb.
First, Blackrock cited the client’s limited interest in cryptocurrencies beyond BTC and ETH. Back in March 2024, Robert Mitchnick, head of Asset’s Digital Assets, headed assets, Says That there is a false kuru -that Blackrock will have a “long tail” of other crypto services.
“I can say that for our client base, Bitcoin is the focus of No.
Second, the strategic care of blackrock around the uncertainty in the regulation plays a role.
Although XRP sales in public exchanges are considered uncertainty, the broader framework of regulation for altcoins remains furious. Blackrock can wait for clearer SEC guidelines before entering the ETF space of Altcoin. The firm’s conservative approach is contrasting with competitors such as Proshares, which filed for an XRP ETF area in January 2025 in conjunction with leveraged and futures based on the XRP ETF, the late monitoring of XRP futures contracts instead of the price of the token area.
Third, Blackrock can see the reduction of the return to the chase in an XRP ETF area provided on the tight farm. Until August 2025, at least seven companies, including Grayscale, Franklin Templeton and 21shares, have a pending area application of XRP ETF
Fourth, the expectations of the XRP community of a price attack may not be aligned with the approach driven by Blackrock data. Odds of Polymarket For the SEC approved a place XTP ETF in 2025 stood at 77%. Blackrock’s tokenized funding market in Ethereum and Solana shows the interest of the blockchain, but the smaller trace of the XRP market may not justify the costs of running a new ETF.
Finally, BlackRock’s global perspective precedes markets where XRP demand is less pronounced. While the XRP community, which is active on platforms such as X, expects an area demanded by ETF driving, most of the XRP trading volume comes from Asia, where the availability of ETF of Blackrock is less dominant.
At the time of the press, the XRP traded around $ 3.1852, down 3.92% in the past 24 hours, according to CoinDesk data.
