XRP News Today: BlackRock No Immediate XRP or Solana ETF Plans Despite SEC Legal Clarity

BlackRock, the world's largest asset manager, has officially stated it has no immediate plans to launch spot ETFs for XRP or Solana, despite the resolution of Ripple’s long-standing legal dispute with the U.S. Securities and Exchange Commission (SEC) [1]. The firm remains focused on its existing Bitcoin and Ethereum ETFs and has confirmed it will not be submitting applications for XRP or Solana in the near term [2]. This stance comes amid speculation that the legal clarity surrounding XRP might encourage BlackRock to reconsider its approach in the future [3].

The outcome of Ripple’s legal case has provided a significant regulatory update, with courts ruling that while institutional sales of XRP violated securities law, retail sales did not, and the token itself is not classified as a security [3]. This development strengthens the case for an XRP ETF, as it reduces the regulatory ambiguity that had previously hindered its adoption in institutional portfolios [1].

Analysts remain divided on the implications of BlackRock’s decision. Nate Geraci of NovaDius Wealth has suggested that the firm could be falling behind if it does not expand into altcoin ETFs, particularly as demand for diversified crypto exposure grows [3]. In contrast, others note that XRP’s market capitalization alone may not justify an ETF, particularly if institutional interest remains limited [6]. According to Eric Balchunas of Bloomberg Intelligence, the chance of SEC approval for an XRP ETF stood at 95% in 2025, though recent developments—such as a key vote by SEC Commissioner Hester Peirce—have lowered this to 62% [8].

If approved, an XRP ETF could offer regulated exposure to the asset, potentially increasing liquidity and facilitating broader adoption within financial systems [2]. Ripple attorney John Deaton has noted that while an ETF filing is not expected soon, it remains a possibility in the future [7]. The decision by BlackRock highlights the broader trend of prioritizing assets with the highest liquidity and regulatory clarity, as the crypto ETF market continues to mature [4].

BlackRock’s continued focus on Bitcoin and Ethereum reflects a strategic choice to anchor its crypto offerings on assets with the most established market presence. However, the dynamic nature of the crypto market means that this strategy could evolve as regulatory frameworks and investor demand shift. For now, the door remains closed for an XRP ETF, but it has not been locked—only temporarily barred [2].

Source:

[1] AInvest – [https://www.ainvest.com/news/xrp-news-today-blackrock-plans-xrp-solana-spot-etfs-2508/](https://www.ainvest.com/news/xrp-news-today-blackrock-plans-xrp-solana-spot-etfs-2508/)

[2] CoinGape – [https://coingape.com/blackrock-rules-out-xrp-etf-filing-despite-ripple-lawsuit-end/](https://coingape.com/blackrock-rules-out-xrp-etf-filing-despite-ripple-lawsuit-end/)

[3] CoinCentral – [https://coincentral.com/blackrock-rules-out-xrp-etf-despite-ripple-settling-sec-case/](https://coincentral.com/blackrock-rules-out-xrp-etf-despite-ripple-settling-sec-case/)

[4] CoinCentral – [https://coincentral.com/analyst-says-blackrock-jumping-into-solana-etf-would-be-unfair/](https://coincentral.com/analyst-says-blackrock-jumping-into-solana-etf-would-be-unfair/)

[6] Twitter – @CryptoNews_eth – [https://twitter.com/CryptoNews_eth/status/1287234982109848576](https://twitter.com/CryptoNews_eth/status/1287234982109848576)

[8] Twitter – @EricBalchunas – [https://twitter.com/EricBalchunas/status/1287234982109848576](https://twitter.com/EricBalchunas/status/1287234982109848576)