BlackRock Says XRP And SOL ETFs Not In The Cards Despite Long-Running Ripple-SEC Case Officially Ending

Key Points

1. BlackRock confirmed it has no plans to file for an XRP or SOL ETF, as reported by The Block.

2. Nate Geraci, President of NovaDius Wealth, suggested BlackRock might eventually enter the XRP ETF market, but this remains speculative.

3. Other asset managers, including ProShares and 21Shares, have submitted paperwork for potential XRP ETFs with the SEC.

4. Bloomberg analysts increased the odds of spot XRP, Dogecoin, and Cardano ETF approvals by the end of 2025 to 90%.

5. Canada's 3iQ launched spot XRP ETFs (XRPQ and XRPQ.U) on the Toronto Stock Exchange, accumulating $50 million in assets under management.