BlackRock Delays XRP ETF Launch: 5 Reasons Behind The Delay

BlackRock, the world’s largest asset manager, has ruled out launching a spot XRP ETF for now, citing limited client demand beyond Bitcoin and Ethereum, regulatory uncertainty, and a crowded market. This decision contrasts with other firms who have already filed for such ETFs, leaving the XRP community frustrated despite hopes for price boosts stemming from Ripple’s recent settlement with the SEC.