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Is BLK's Absence in the XRP ETF Rush a Strategy or a Missed Prospect?
ZACKS· 2025-08-13 17:46
Key Takeaways BlackRock has no plans for an XRP ETF despite its dominance in Bitcoin and Ethereum funds.The firm cites low client demand, liquidity concerns and regulatory uncertainty for its stance.Franklin Templeton has filed for XRP ETFs, while Invesco remains cautious alongside BlackRock.While most of the asset managers are pushing for spot and futures XRP exchange-traded funds (ETFs), expanding their cryptocurrency presence, BlackRock Inc. (BLK) , the world’s largest asset manager, has indicated no int ...