Advertisement

BlackRock Says It Has No Plans for XRP or Solana ETFs

BlackRock Inc
By: DeepNewz
BlackRock Says It Has No Plans for XRP or Solana ETFs

BlackRock Inc. said it currently has no intention of seeking approval for spot exchange-traded funds that would track the XRP or Solana cryptocurrencies, according to a statement the asset manager provided to industry publication The Block.

The clarification follows online speculation that the world’s largest ETF issuer might expand its digital-asset lineup beyond existing products. A BlackRock spokesperson said the firm "does not have any plans to file for an XRP or a SOL ETF at this time," without elaborating on future strategy.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

Advertisement

Get an edge in Crypto with our free daily newsletter

Know what matters in Crypto and Web3 with The Defiant Daily newsletter, Mon to Fri

90k+ Defiers informed every day. Unsubscribe anytime.