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Recent rumors about BlackRock's plans to launch an XRP ETF have been debunked
1 month ago 1 min read

BlackRock Denies Launching XRP ETF Amid Speculations

Recent rumors about BlackRock’s plans to launch an XRP ETF have been debunked, with confirmation that the world’s largest asset manager has no plans to introduce a spot XRP exchange-traded fund. Larry Fink, BlackRock’s CEO, made comments that sparked speculation, prompting the clarification. BlackRock recently entered the cryptocurrency space, launching the iShares Bitcoin Trust, a spot Bitcoin ETF. The company has also filed for a spot Ether ETF called iShares Ethereum Trust. These funds are intended to reflect the prices of Bitcoin and Ethereum, demonstrating BlackRock’s strategic focus on the two leading crypto. BlackRock manages the iShares ETFs, which are