XRP News Today: BlackRock Rules Out XRP and Solana ETFs Despite SEC Legal Settlement

BlackRock has confirmed it will not pursue the creation of a spot XRP or Solana (SOL) exchange-traded fund (ETF), despite the recent resolution of Ripple’s protracted legal battle with the U.S. Securities and Exchange Commission (SEC) [1]. The firm’s decision was made public during an interview with The Block on August 8, 2025, where it stated it has no immediate plans to launch such products [2]. This announcement came after Ripple and the SEC reached an agreement to drop all appeals, effectively concluding a legal dispute that began in 2020 [3].

The decision surprised many market participants, who had speculated that the resolution of Ripple’s case would create a regulatory pathway for institutional investment vehicles like ETFs to include XRP. However, BlackRock has made it clear that its current crypto ETF strategy will remain focused on Bitcoin and Ethereum [1].

Industry analysts have weighed in on the implications. Nate Geraci, president of NovaDius Wealth, expressed concerns that BlackRock’s narrow focus could leave room for competitors to capture market share in the rapidly evolving crypto ETF space [4]. He also questioned the boundaries of the firm’s approach, noting that if BlackRock had been waiting for regulatory clarity on XRP, it might also consider assets like Solana and Tron in the future [5].

Community reactions to the decision were mixed. Some investors suggested that the lack of an XRP ETF from BlackRock may reflect insufficient demand from its client base. Others noted that XRP has maintained a consistent position in the top 10 cryptocurrencies by market capitalization since its inception and has a market cap three times larger than Solana [7]. These supporters argue that XRP’s longevity and resilience through multiple market cycles make it a deserving candidate for an ETF.

Despite BlackRock’s decision, there are still XRP ETF applications under review by the SEC from other asset managers, including ProShares, 21Shares, Canary, and Bitwise [8]. This shows that institutional interest in XRP remains strong, even as major firms like BlackRock remain cautious.

BlackRock’s current strategy appears to prioritize assets with deep institutional demand and regulatory clarity. While this approach may offer short-term stability, it also raises questions about the firm’s long-term role in the growing crypto ETF market. As the industry continues to evolve, companies that are willing to expand their offerings beyond the most established cryptocurrencies may gain a competitive advantage [9].

For now, BlackRock remains committed to its existing lineup, but many observers believe its stance could change if demand for XRP or Solana increases in the coming years.

Source:

[1] title: BlackRock Rules Out XRP ETF Filing Despite Ripple Lawsuit End (url: https://coingape.com/blackrock-rules-out-xrp-etf-filing-despite-ripple-lawsuit-end/)

[2] title: BlackRock Dispels Rumors of XRP ETF Plans (url: https://www.ainvest.com/news/blackrock-dispels-rumors-xrp-etf-plans-2508/)

[3] title: Ripple and SEC settle, sparking XRP's 10% rally and BlackRock ETF speculation (url: https://cryptoslate.com/ripple-and-sec-settle-sparking-xrps-10-rally-and-blackrock-etf-speculation/)

[4] title: Nate Geraci on XRP and Solana ETFs: BlackRock Filings Are Coming (url: https://captainaltcoin.com/nate-geraci-on-xrp-and-solana-etfs-blackrock-filings-are-coming/)

[5] title: BlackRock XRP ETF Speculation Heats Up After Ripple Lawsuit Resolution (url: https://www.cryptoninjas.net/news/blackrock-xrp-etf-speculation-heats-up-after-ripple-lawsuit-resolution/)

[7] title: BREAKING: BlackRock Reveals Whether It Has Plans for XRP and Solana ETFs (url: https://en.bitcoinsistemi.com/breaking-blackrock-reveals-whether-it-has-plans-for-xrp-and-solana-etfs/)

[8] title: Ripple Lawsuit Finally Over: Experts See BlackRock XRP ETF Next (url: https://www.coinspeaker.com/ripple-lawsuit-over-experts-see-blackrock-xrp-etf-next/)

[9] title: Ripple Reacts to SEC Legal Battle Conclusion: XRP Price Rallies, Speculation BlackRock ETF Approval (url: https://www.ainvest.com/news/ripple-reacts-sec-legal-battle-conclusion-xrp-price-rallies-speculation-blackrock-etf-approval-2508/)