Blackrock continues to do without XRP ETF application: Experts suspect clear strategy behind it

Blackrock continues to do without XRP ETF application: Experts suspect clear strategy behind it

Blackrock and the XRP ETF: Current developments

Blackrock, the largest asset manager in the world, has so far not submitted a application for an XRP ETF. This raises questions, especially with regard to the reasons why a company with such a capacity and influence has so far not taken any steps in this direction.

According to the ETF expert Nate Geraci, there could be a clear reason for this. The XRP market and the regulatory framework are a complex terrain that has to be carefully weighed up for large investors such as Blackrock. The uncertainty regarding the legal situation of XRP and its classification as securities could be decisive factors that have so far delayed an ETF submission.

Developments around XRP and the general trends in the ETF market are of great importance for investors. Interest in cryptocurrency ETFs is increasing worldwide because institutional investors are looking for new investment classes. Nevertheless, it remains to be seen how and whether Blackrock will take a position to an XRP ETF in the future.