BlackRock, a major player in asset management, is thought to be looking into launching an XRP ETF. This speculation arises amid discussions of its significant investment portfolio totaling 9 trillion USD.
Despite the buzz, XRP’s ongoing legal struggles with the SEC make it a challenging investment for BlackRock, which has yet to file any official documentation for an XRP ETF.
Market analysts anticipate a possible approval for an XRP ETF by late 2025, reflecting optimism regarding regulatory developments, even as BlackRock prioritizes Bitcoin and Ethereum.
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