Oh dear, it seems the party’s over, old chap! 🎉 Asset management behemoth BlackRock has dashed our hopes and clarified that it has no plans to file for spot exchange-traded funds (ETFs) that will directly track the price of XRP. Oh, the humanity! 😱
A pity, really. I mean, who wouldn’t want to get their hands on a slice of that XRP action? 🤷♂️ But, alas, BlackRock’s not biting. And, just to rub it in, they’ve also confirmed they won’t be offering a Solana ETF, thanks to their CIO Samara Cohen, bless her heart! 🙄
Nate Geraci, that wily chap from NovaDius Wealth Management, thinks BlackRock will be “looked back as a mistake.” 🤔 Ah, but hindsight’s always 20/20, isn’t it, Nate? 😏
Now, I know what you’re thinking: “But what about the Bloomberg analysts who say XRP ETF approval odds are at 95%?” 🤔 Well, it seems Polymarket bettors are a bit more… cautious, shall we say. 😊
And, in the midst of all this drama, Franklin Templeton is still in the running to launch an XRP ETF. Go, Franklin, go! 🏃♀️ Meanwhile, BlackRock and Fidelity are just… sitting on the sidelines, sipping tea and looking smug. 🍵
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2025-08-08 22:39