Blackrock has made bold movements to the Bitcoin and ether ETFs, but on Friday the asset manager said he had no immediate plans to request a bottom quoted in the XRP XRP Stock Exchange (ETF)aiming the hopes of the community that your entry can help extend the 2025 XRP rally.
This statement: made on the day after the US stock and values commission. UU. (SECOND) And Ripple Labs jointly asked a Court of Appeals to dismiss their respective appeals, indicating the end of his legal battle of almost five years: he has left investors questioning why Blackrock remains out of the margin.
While several asset administrators, including proshares, gray scale and bit to bit, have requested the ETF XRP since the late 2024, the absence of Blackrock is remarkable, especially given its domain in the markets of Bitcoin and Ethf Eth.
Here are five reasons why Blackrock is in no hurry to launch an ETF Spot XRP, despite the anticipation of the XRP community of a price increase based on demand.
First, Blackrock has cited the client’s limited interest in cryptocurrencies beyond BTC and ETH. In March 2024, Robert Mitchnick, head of digital assets of the asset manager, said there is a wrong idea that Blackrock will have a “long tail” of other cryptography services.
“I can say that for our client base, Bitcoin is overwhelmingly approach number 1 and a bit of Ethereum,” he said during a talk by the fire at the opening day conference of the Bitcoin Research Day in New York on March 22.
Second, Blackrock’s strategic caution around regulatory uncertainty plays a role.
Although XRP sales in public exchanges are considered without security, the broader regulatory framework for Altcoins remains murky. Blackrock may be waiting for the clearest sec guidelines before entering the ETF Altcoin space. The conservative approach of the firm contrasts with competitors such as Proshares, which requested an ETF Spot XRP in January 2025 together with ETF XRP leveraged and based on futures, the latter tracing the Futuro XRP contracts instead of the token price.
Third, Blackrock can see decreasing returns in the search for an ETF Spot XRP given the field full of people. As of August 2025, at least seven companies, including Grayscale, Franklin Templeton and 21Shares, have a pending ETF Spot XRP application
Fourth, the expectations of the XRP community of a price increase may not align with the Blackrock -based strategy. Polymarket’s probabilities for the SEC that approve an ETF Spot XTP in 2025 are 77%. The Blackrock company tokenized monetary market fund in Ethereum and Solana shows a blockchain interest, but the smallest XRP market footprint may not justify the operational costs of a new ETF.
Finally, Blackrock’s global perspective prioritizes markets where XRP demand is less pronounced. Although the XRP community, activates on platforms such as X, anticipates a demand for impulse from ETF spot, much of the XRP commercial volume comes from Asia, where the presence of ETF of Blackrock is less dominant.
At the time of publication, XRP quoted around $ 3,1852, 3.92% less in the last 24 hours, according to Coendesk data.
