News View Non-AMP

XRP ETF News: Why Hasn’t BlackRock Filed it Yet?

Published by
Anjali Belgaumkar

BlackRock, the world’s largest asset manager, has found major success with its Bitcoin and Ethereum ETFs. Its Bitcoin ETF has grown to over $30 billion in assets, while its Ethereum ETF reached $1 billion in just two months. With strong performance from these two leading cryptocurrencies, BlackRock seems in no rush to expand into XRP.

Although Ripple has mostly resolved its legal battle with the SEC, XRP still carries some uncertainty in the eyes of large financial institutions. For companies like BlackRock, legal clarity is essential. Even if the case seems over, the “security” label tied to XRP makes it a riskier option.

Only Bitcoin and Ethereum Make the Cut

BlackRock has said its ETF decisions are based on three main factors: strong demand, high trading volume, and clear legal status. Right now, only Bitcoin and Ethereum meet those standards. XRP is close, but not quite there yet.

Letting Competitors Go First

Instead of being the first to file, BlackRock is watching how other firms like Grayscale and Franklin handle XRP-related products. They want to see how the market and regulators respond before getting involved. This careful approach has worked well for them in the past.

In 2023, a fake XRP ETF filing falsely linked to BlackRock made headlines. The company had to publicly deny any involvement. That incident may have made them more cautious about associating with XRP too soon.

XRP Still a Small Piece of the Market

Bitcoin and Ethereum make up nearly 70 percent of the total cryptocurrency market. XRP has a much smaller share, which means less liquidity and less interest from big investors. For BlackRock, it’s not enough to launch a new ETF.

Could Things Change in 2025?

Some analysts believe a shift in U.S. politics could bring more crypto-friendly regulations. If that happens, ETFs for coins like XRP and Solana could be approved by the end of 2025. BlackRock may enter the market later, once the rules are clearer and the demand is stronger.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

Altseason vs Bitcoin 2025: Why Benjamin Cowen Is Betting on BTC

The wider cryptocurrency market, led by Bitcoin (BTC), has experienced rising short-term bearish sentiment amid…

June 24, 2025

Why Is the Crypto Market Going Up Today? BTC, ETH, XRP, and Pi Network Bounce Back Strong

After a nerve-wracking weekend packed with geopolitical tension and market dips, the crypto market is…

June 23, 2025

Ripple News: Can Billions of Dormant XRP Save the Token From Its $2 Breakdown?

It’s been a rocky weekend for XRP holders as the token’s price took a sharp…

June 23, 2025

Shiba Inu Price Prediction 2025, 2026 – 2030: Will SHIB Price Hit $0.00005?

Story Highlights The live price of SHIB memecoin is SHIB token price could reach a…

June 23, 2025

Tron Price Prediction 2025, 2026 – 2030: Can Tron Reach $1?

Story Highlights The live price of the Tron coin is Tron crypto could reach a…

June 23, 2025

Binance Coin BNB Price Prediction 2025, 2026 – 2030: Will BNB Hit New ATH?

Story Highlights Binance Coin Price Today is . The BNB price prediction anticipates a potential…

June 23, 2025