BlackRock has initiated discussions with the SEC to expedite the approval of a spot XRP ETF by July 2025, although previous delays raise skepticism regarding this move.
Currently, BlackRock is prioritizing its Bitcoin and Ethereum ETFs, which have been successful since their approval. Legal challenges surrounding XRP’s status hinder potential ETF filings.
Despite legal uncertainties, industry experts believe that BlackRock may eventually apply for an XRP ETF, especially given their competitive positioning in the crypto market.
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