Blackrock has made bold moves in bitcoin and ether ETF, but on Friday, asset manager Said There was no immediate plan to file the spot XRP exchange-traded funds. (ETF)Reducing the expectations of the community that its entry can help increase the XRP’s 2025 rally.
This statement – made a day after the US Securities and Exchange Commission (Sec) And jointly wave laboratory Asked An appeal court rejected its respective appeals, which ends their about five-year legal battle. The directors have questioned why the Blackrock lives on the shore.
While the absence of blackrock is notable by many asset managers, including Prosheres, Grayscale, and Bitwise, from the end of 2024, the absence of blackrock is notable, especially in Bitcoin and Ether ETF markets.
Despite the expectation of the XRP community’s demand-operated price hike, why no one appears Blackrock in a hurry to launch a spot XRP ETF.
First, Blackrock has cited limited customer interest in cryptocurrency beyond BTC and Eth. In March 2024, Robert Micheic, head of the digital assets of the asset manager, stated that there is a misunderstanding that there would be a “long tail” of other crypto services in Blackrock.
“I can say that for our customer base, Bitcoin is heavily number 1 focus and a little bitterum,” he said on 22 March during a Fireruside Chat at the inaugural Bitcoin Investor Day Conference in New York.
Second, Blacrock’s strategic precaution plays a role around regulator uncertainty.
Although the sale of XRP on public exchanges is considered non-protection, but the extensive regulatory structure for ultcoin remains marki. Blackrock can wait for clear SEC guidelines before entering Altcoin ETF location.
The conservative approach of the firm contradicts with competitors such as the procedures, which was filed for a spot XRP ETF in January 2025, with leveraged and futures-based XRP ETFs, later in rather than the spot value of the tracking XRP fuchies contracts token.
Third, the Blackrock can see a spot in advancing a spot XRP ETF in view of the crowd area. By August 2025, at least seven firms, including Grassscale, Franklin Templeton and 21Shares, have a pending spot XRP ETF application.
Fourth, the expectations of the price hike of the XRP community may not be aligned with the data-powered strategy of the blackrock. Polymarket audms Stand at 77%to approve a spot XTP ETF in 2025 for SEC. Blackrock’s token money market funds on Ethereum and Solana reflect blockchain interest, but the XRP’s small market footprints cannot accurate the operational cost of a new ETF.
Finally, Blacrock’s global perspective prioritizes markets where the demand for XRP is less clear. While the XRP is active on platforms such as the community, X, a spot ETF estimates the driving demand demand, most of the XRP’s trading volume comes from Asia, where Blacrock’s ETF appearance is less prominent.
According to CONDESK data, in press time, XRP was trading around $ 3.1852 below 3.92% in the last 24 hours.
