BlackRock Stays Silent on XRP ETFs: Why the Delay?

Despite growing interest from institutions, BlackRock, the world’s largest asset manager, is delaying its entry into the XRP ETF market. While firms like Grayscale and Bitwise have filed for similar products, BlackRock has yet to make a move. But why? 🧐 💰 The answer lies in its existing success with Bitcoin and Ethereum ETFs. Their Bitcoin ETF holds over $30 billion in assets, while their Ethereum ETF recently passed the $1 billion mark within just two months. This success fuels BlackRock’s cautious approach.