BlackRock Confirms No Immediate Plans for XRP and SOL ETFs Amid Market Speculation
Main Idea
BlackRock has confirmed it has no immediate plans to apply for XRP or Solana ETFs, focusing instead on Bitcoin and Ethereum, which impacts market sentiment.
Key Points
1. BlackRock denies immediate plans for XRP and SOL ETFs, prioritizing Bitcoin and Ethereum products.
2. The decision removes potential catalysts for XRP and Solana, affecting altcoin market sentiment.
3. BTC and ETH remain the primary assets for BlackRock's ETF applications, with no near-term plans for other cryptocurrencies.
4. Market observers had anticipated potential altcoin ETF filings, but BlackRock's statement confirms a focus on Bitcoin and Ethereum.
5. Expert analysts predict future market transformations, with some noting a high likelihood of SEC approval for pending XRP ETF applications.
Description
BlackRock has confirmed it has no immediate plans to apply for XRP or Solana ETFs, focusing instead on Bitcoin and Ethereum, which impacts market sentiment. BlackRock denies immediate plans for
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