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  • 2 years ago
  • Source Bitcoinist

Will BlackRock Move To Altcoins Like XRP And Solana For Spot ETFs Next?

Summary

BlackRock is unlikely to file for Spot ETFs for Solana and XRP, as the asset manager sees little interest beyond Bitcoin and Ethereum. Other fund issuers like VaEck and 21Shares are interested in offering Spot Solana ETFs. Ripple CEO believes a Spot XRP ETF is inevitable, but VanEck has suggested they may not file for it soon due to concerns about XRP's decentralized nature and the SEC's case against Ripple.

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