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Crypto Driver

08/09 08:42

BlackRock Rules Out Immediate Plans for Spot XRP E

BlackRock Rules Out Immediate Plans for Spot XRP ETFTCB-001-2025-02-17T111641161.png

World’s largest asset manager BlackRock refutes claims about its potential plan to launch spot ETFs separately tied to XRP or Solana. 

Industry stakeholders have been predicting that BlackRock will broaden its cryptocurrency ETF offerings to include assets beyond Bitcoin and Ethereum. 

In particular, Nate Geraci, the President of NovaDius Wealth Management, expressed confidence that BlackRock will soon join the race to launch standalone XRP and Solana ETFs in the United States. 

He suggested that several factors could be delaying BlackRock’s decision to file for ETFs separately tied to XRP or Solana, including the possibility that the asset manager could be waiting for a more comprehensive regulatory framework. 

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