Who reported this story?

This story was reported by Motley Fool.

Finance

This $15 Trillion Investment Giant Has No Plans to Launch an XRP ETF. That's Why I'm Bearish on XRP Right Now.

BlackRock offers spot ETFs for Bitcoin and Ethereum, but not for XRP. That's a problem for crypto investors.

Capital Daily Newsroom

Editorial Desk

2026-10-06 · 2 min read

This $15 Trillion Investment Giant Has No Plans to Launch an XRP ETF. That's Why I'm Bearish on XRP Right Now.

Published October 6, 2026 · Category: Finance

Overview

Among crypto exchange-traded funds (ETFs), the clear leader is $15 trillion asset management giant BlackRock (NYSE: BLK). This firm offers both the largest spot Bitcoin (CRYPTO: BTC) ETF and the largest spot Ethereum (CRYPTO: ETH) ETF.

XRP (CRYPTO: XRP), which currently ranks as the world's fifth-largest cryptocurrency with a nearly $100 billion market cap, would seem to be a likely candidate for BlackRock's next spot crypto ETF launch.

Details

Yet, BlackRock has never even filed an application with the SEC for a spot XRP ETF. This is despite the fact that seven different spot XRP ETFs already trade in the marketplace. So what's going on here?

Source

Originally published at www.fool.com.

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