Breaking news! BlackRock has amassed 30 billion in Bitcoin ETFs but has sidelined XRP, the truth revealed!


BlackRock has made a lot of money on Bitcoin and Ethereum ETFs, and its asset size has soared to $30 billion and $1 billion respectively, and it is in the limelight! But when it comes to Ripple (XRP), the global asset management giant has not moved. Although XRP has settled its lawsuit with the SEC, the legal shadow still deters BlackRock, and the security label and high risk are obstacles.
BlackRock has three strategies for selecting ETFs: strong demand, active trading, and clear regulations. Only Bitcoin and Ethereum meet the standards, while XRP still has a way to go. In terms of market share, Bitcoin and Ethereum account for 70% of the landscape, while XRP has weak liquidity and insufficient attractiveness. BlackRock is not in a hurry to act, preferring to let Grayscale, Franklin, and others pave the way first, moving steadily.
In 2023, the application for an XRP ETF under the guise of BlackRock caused quite a stir, prompting the company to urgently clarify the situation, which made them wary of XRP. Will there be a turnaround in 2025? If U.S. regulations are relaxed, the ETFs for XRP and Solana may break the ice, and BlackRock might seize the opportunity. Amid the bullish market, can XRP turn around? #XRP
XRP-5,23%
BTC-3,85%
ETH-6,67%
SOL-5,3%
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