- Written by: Mustafa Mulla
- Wed, 21 May 2025
- United States
The post Heres 5 Key Reasons Why BlackRock Isnt Filing For XRP ETF Now! appeared first on Coinpedia Fintech NewsBlackRock, the worlds largest asset manager with AUM of $11.6 trillion, has been leading the charge with Bitcoin and Ethereum ETFs, but when it comes to XRP, they seem to be in no rush. Despite growing interest and the recent launch of institutional futures, BlackRock hasnt filed for an XRP ETF.  So whats holding them …
Heres 5 Key Reasons Why BlackRock Isnt Filing For XRP ETF Now!
The post Heres 5 Key Reasons Why BlackRock Isnt Filing For XRP ETF Now! appeared first on Coinpedia Fintech News
BlackRock, the worlds largest asset manager with AUM of $11.6 trillion, has been leading the charge with Bitcoin and Ethereum ETFs, but when it comes to XRP, they seem to be in no rush. Despite growing interest and the recent launch of institutional futures, BlackRock hasnt filed for an XRP ETF.
So whats holding them back? Lets break it down.
1. Regulations Still Unclear
The biggest reason is regulatory uncertainty. Even though a U.S. court ruled that XRP isnt a security when traded on exchanges, the SEC hasnt fully accepted this. In fact, ETF decisions continue to be pushed further, some now expected in June or even October 2025.
BlackRock is known for playing it safe, they wont file for an XRP ETF until regulators draw a clear line between securities and commodities in crypto.
As one X user smartly pointed out, clarity might only come once major legislation, like the Stablecoin Act, is passed.
2. Derivatives Market Still Growing
For big institutions, futures markets are a key tool for managing risk. While Bitcoin and Ethereum have mature futures markets with massive volume, XRP only just launched CME futures on May 19, 2025, with $19 million in first-day volume.
Thats a strong start, but not enough yet. BlackRock and others want to see more consistent trading volume over time.
3. Liquidity Still Needs to Grow
XRP has strong market depth, but for an ETF to function smoothly, it needs stable liquidity that can handle billions in inflows and outflows. Until XRP hits that level of maturity, ETF approval remains unlikely.
4. Focus on Winning Plays
BlackRock is currently focused on its Bitcoin and Ethereum ETFs, which are performing well. Rather than spreading its efforts thin, its doubling down on whats working.
5. Strategic Timing Is Everything
Finally, it could all come down to timing. With XRP and Solana leading ETF application discussions, BlackRock might be waiting to see how the SEC handles current filings before joining the race.
Its a waiting game for more demand, stronger liquidity, and a green light from regulators.
So, while XRP fans might be eager, BlackRock is playing the long game.