BlackRock Dismisses XRP ETF Idea: Here’s Why, According to Company Executive
BlackRock has no immediate plans to launch an XRP ETF, according to Jay Jacobs, the firm’s Head of ETF Department. The firm is focusing on expanding the reach of its Bitcoin and Ethereum ETFs. XRP ETF approval may be delayed, with the SEC’s response timeline stretching to the end of 2025. Amid growing speculation about…