- A SMQKE study shows why the largest asset manager in the world is despite the growing demand Hold consciously after XRP.
- The regulation is still unclear and there is a new futures market. Do you want others to have the initial errors made in order to avoid them yourself?
Recently hat SMqke, an investigation carried outthe indications of why Blackrock is not in a hurry to submit an XRP-ETF application to the SEC, even though the company is an important player in ETF market is.
One of the most important Factors is regulation. A US court has declared that XRP is not a security in certain situations. The final classification die SEC stands however still from, and that means: until further notice there is still no legal certainty.
Blackrock, which is known as a company for its prudent behavior, apparently does not want to take this risk.
Why BlackRock Is Holding Off on an XRP ETF Filing
BlackRock isn’t moving on an XRP ETF yet even though XRP is one of the most in demand altcoins for an ETF.
Here’s why:
1. Short-Term Regulatory Uncertainty
The SEC still hasn’t fully defined whether XRP and other… pic.twitter.com/JUKYeykjT4
– SMQKE (@smqkedqg) May 21, 2025
XRP needs stability to achieve the SEC standards for ETFs
Another reason mentioned by SMQKE is that The institutional infrastructure from XRP is not optimal. Although an XRP ETF to the liquidest Etfs would belongthis is obviously not sufficient as a decisive success factor. There is a test with which the SEC checks whether The market it Trade large quantities of an asem without disturbances could manage and it seems to be negative for XRP so far.
In addition, XRP futures were first I have 19. May traded on the Chicago stock exchange for the first time. The first day brought Just one turnover of $ 19 million what is still far from the Dominance the Bitcoin and Ethereum-Futures is removed on the market.
Smqke Sea hat BlackRock a clear preference for a other way to get into the markets after they already are active for a while.
According to Blackrock standards, the new futures markets apparently need time to be considered suitable for customers. You have to one first Appropriate stage of development reach, make stable sales and offer reliable courses before you get in.
Wait – leave others
What that Interesse an XRP-ETFs concerns, so are already ten applications. Smqke mentions that Blackrock seems to be considered stability rather than in a hurry. It shows itselfthat your current Bitcoin and Ethereum ETFs do well because you have tributaries in billions of bills every week.
There is also a competitive aspect. XRP and Solana are the two leaders in the queue of ETF applications, and Blackrock could itself simply Therefore, keep on the sidelines to wait for the best time to get started. Is there The policy of Regulatory authorities Another considerationand you obviously want that Entry mIt more security And compensate for less risk to the new wave of ETFs.
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