BlackRock Remains Cautious: No XRP ETF Yet, But Why?

BlackRock has once again ruled out launching an XRP ETF for now, citing regulatory uncertainty, market demand, and a preference for established cryptocurrencies like Bitcoin and Ethereum. This decision, while met with interest from investors, highlights the cautious approach of the world’s largest asset manager in the volatile world of cryptocurrency. Despite speculation and growing regulatory clarity around XRP, BlackRock has chosen to focus its efforts on assets it believes offer greater certainty and appeal to its institutional clients.