Altcoins News

Story: BlackRock Eyes XRP ETF Amid Global Momentum

By James Thorp

1 / 13

XRP vs. Solana: Who Leads the ETF Race?. While XRP’s case strengthens, Solana remains a close competitor.

2 / 13

Why Hasn’t BlackRock Filed Yet?. Despite the growing market momentum and legal progress around XRP, BlackRock has not yet submitted…

3 / 13

XRP ETF Applications Are Gaining Steam. While BlackRock plays the waiting game, several other asset managers are already racing ahead.

4 / 13

XRP ETFs Going Global. Outside the U.S., XRP ETF traction is more evident. In Switzerland, 21Shares already offers the…

5 / 13

As the crypto ETF landscape rapidly evolves, industry insiders suggest BlackRock may soon take its next big step.

6 / 13

Following its dominant role in introducing Bitcoin and Ethereum ETFs, BlackRock has already shown a strong appetite for leading the digital asset space.

7 / 13

Geraci also speculates that Grayscale’s Digital Large Cap Fund—which already holds XRP—could be converted into a full-fledged ETF, potentially providing another onramp for…

8 / 13

While XRP’s case strengthens, Solana remains a close competitor. Prediction markets on Polymarket currently reflect slightly higher approval odds for Solana ETFs—90% compared to…

9 / 13

Bloomberg ETF analyst Eric Balchunas recently noted that an “Altcoin ETF Summer” may be approaching.

10 / 13

Last year, BlackRock's Head of ETFs, Samara Cohen, emphasized that only Bitcoin and Ethereum met their standards for market maturity and liquidity.

11 / 13

However, progress has been slow. The SEC recently extended its decision timeline on 21Shares’ XRP ETF until October and has yet to respond to Grayscale’s May filing.

12 / 13

Outside the U.S., XRP ETF traction is more evident. In Switzerland, 21Shares already offers the AXRP ETP, allowing European investors to gain direct exposure to XRP.

13 / 13

As regulatory clarity improves and global demand continues to rise, pressure is building for U.S.-based institutions like BlackRock to expand their offerings.

The Currency Analytics

Want the full story?