Expert Reveals Why BlackRock Hasn’t Filed An XRP ETF

In a recent post on X, prominent crypto commentator “All Things XRP” outlined a detailed perspective on why BlackRock, the world’s largest asset manager, has not yet filed for an XRP exchange-traded fund (ETF) . Despite Ripple’s partial legal victory over the U.S. Securities and Exchange Commission (SEC) and the broader acceleration of digital asset ETF products in the U.S. market, BlackRock has remained notably absent from any XRP-related ETF initiatives. The commentary attributes this inaction to strategic, regulatory, and market-based considerations. WHY HASN’T BLACKROCK FILED AN XRP ETF? The Silence Speaks Volumes. Despite Ripple’s SEC victory and growing ETF momentum, the world’s largest asset manager is still sitting out. Here’s why. pic.twitter.com/h5OfjVPtbW — All Things XRP (@XRP_investing) April 20, 2025 Bitcoin and Ethereum Success Drives Conservative Strategy The analyst begins by contrasting BlackRock’s aggressive positioning in the Bitcoin and Ethereum ETF markets with its total absence in XRP. The iShares Bitcoin Trust recently surpassed $30 billion in assets under management (AUM), and the firm’s Ethereum ETF exceeded $1 billion in AUM within just two months of launch. According to the post, these numbers signal a deliberate strategy of focusing on assets with a clear institutional profile and dominant market share, rather than spreading risk across less established or more controversial digital assets. Lingering Regulatory Concerns Over XRP Classification Though Ripple secured a partial win in its ongoing legal battle with the SEC, the tweet emphasizes that regulatory uncertainties continue influencing institutional behavior. The legal classification of XRP as a non-security in certain contexts has not led to full regulatory clarity. For firms like BlackRock, reputational and compliance risks remain a significant deterrent. The tweet argues that institutional caution, particularly concerning the SEC’s position towards XRP, continues to shape product strategies. Demand, Liquidity, and Legal Clarity Define ETF Eligibility “All Things XRP” asserts that BlackRock’s internal criteria for launching crypto ETFs revolve around three core elements: demand, liquidity, and legal certainty. While XRP is approaching the threshold on these fronts, it is not yet considered a definitive fit. The company’s executives have publicly stated that only Bitcoin and Ethereum currently satisfy their framework for product approval. Other assets, including XRP, are being monitored, particularly through the actions of firms such as Grayscale and Franklin Templeton, who may be more willing to take the first steps into potentially contentious territory. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Strategic Patience Guides BlackRock’s Market Entry The tweet also references the 2023 incident involving a false XRP ETF filing, which briefly circulated in the market and caused widespread speculation. BlackRock was compelled to issue a public denial, an episode that may have further solidified the firm’s cautious stance. According to the analyst, the public relations fallout from that episode served as a reminder of the volatility and reputational risks tied to premature or unofficial announcements in the digital asset space. Beyond regulatory concerns, market structure and volume are central to BlackRock’s decision-making process. Bitcoin and Ethereum account for most of the total crypto market capitalization and enjoy significantly higher liquidity. In contrast, XRP’s relatively smaller market share means lower institutional trading volume, increasing execution and pricing risk. For BlackRock, launching a new ETF requires a demonstrable institutional need, something the firm apparently has not yet observed regarding XRP. The final points made by “All Things XRP” suggest that BlackRock’s strategy is not to lead but to dominate when it enters a market. With over $11 trillion in AUM, the company can wait until all regulatory, legal, and market-based conditions align. When BlackRock eventually files for an XRP ETF, it will likely do so to command the segment, not merely participate. While some in the crypto community interpret BlackRock’s inaction as reluctance or disinterest, the analysis offered by “All Things XRP” portrays a more calculated approach. According to this view, the asset manager waits for definitive signals of clarity and demand before making a move. If or when it does enter the XRP ETF space, it will be on BlackRock’s terms — and likely at a moment engineered for maximum institutional impact. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Expert Reveals Why BlackRock Hasn’t Filed An XRP ETF appeared first on Times Tabloid .

Source: TimesTabloid