Why BlackRock Has Not Filed for an XRP ETF Yet
BlackRock, the largest asset manager globally, has achieved impressive success with its Bitcoin and Ethereum ETFs. The Bitcoin ETF has amassed over 30 billion dollars in assets. The Ethereum ETF reached one billion dollars in just two months, raising questions about BlackRock’s lack of urgency to expand into the XRP market. While both Bitcoin and Ethereum demonstrated strong performances, the lack of movement towards an XRP ETF remains a point of interest for investors eager for more options. With the crypto landscape evolving, all eyes are now on BlackRock as it strategizes its next move in the asset management realm.