Main to remember
- Blackrock said he was currently not intended to offer ETF Spot for XRP or Solana.
- The active manager has clarified his position in the middle of speculation after the Bitcoin and ETF ETF launches.
Share this article
With Ripple closing his long legal battle with the SEC, industry analysts predict that the resolution will make the main fund managers more comfortable to provide investment products related to XRP, a native active in Ripple.
Pro-XRP users, in particular, watched BlackRock, the active management giant. But it seems that BlackRock has no immediate plan to get on board.
A BlackRock spokesperson recently told the block that Spot XRP and Solana (floor) ETF are not on the company’s roadmap for the moment.
Confirmation intervened shortly after the president of the ETF store, Nate Geraci, suggested that BlackRock would finally enter the ETF XRP market while Ripple and the SEC conclude their calls.
He said it was difficult to justify ignoring cryptographic assets outside of Bitcoin and Ethereum, but if BlackRock remains really away from other ET Crypto, they essentially indicate that only BTC and ETH are worth invested.
Yes, I think BlackRock was waiting to see him before dropping off for Ishares XRP ETF…
I have it if I’m wrong.
Imo, makes * zero * the meaning for them to ignore cryptographic assets beyond BTC & Eth.
Otherwise, they essentially say that BTC and ETH are only those who will never have value. Bold. pic.twitter.com/ftbqmrfpol
– Nate Geraci (@nategeraci) August 8, 2025
However, Bloomberg ETF analyst Eric Balchunas thinks that Blackrock is satisfied with his two existing ETFs, those linked to the two greatest cryptographic assets and sees diminished yields in more expansion.
I just think they are happy with both. The law to reduce yields from now on. But again, I have nothing to do, but my own Spidey sense here.
– Eric Balchunas (@ericbalchunas) August 8, 2025
The analyst is also doubtful that BlackRock will deposit for an ETF Crypto based on the index, which potentially includes major assets like XRP, later this year.
The “very little” demand for other FNB Crypto: the leaders of Blackrock
Robert Mitchnick, responsible for digital assets for BlackRock, revealed during the Bitcoin 2024 convention that there is a “request” very little ” for the cryptographic ETF beyond Bitcoin and Ethereum.
Samara Cohen, director of investment in investment at Blackrock, ETF and Index Investments, said in an interview with Bloomberg that the company would not launch an ETF Solana in the short term.
“We are really looking at the investor’s ability to see what meets the criteria, which meets the bar to deliver in an ETF,” said Cohen. “For us at the moment, the capacity (investment) considerations and also what we hear from our customers … Bitcoin and Ether definitively meet this bar. I think it will take a while before seeing something else. ”
Share this article
