BlackRock, the world’s largest asset manager, is reportedly preparing to launch spot ETFs for both XRP and Solana (SOL), marking a significant expansion of its crypto offerings beyond Bitcoin and Ethereum. This development comes as XRP’s legal clarity improves following recent SEC developments.
Inside BlackRock’s Crypto ETF Strategy
According to Andrew Parish, founder of x3 and a respected industry insider, BlackRock is set to “eventually capitulate and offer both XRP and SOL ETF’s.” Sources close to the matter indicate that the “crypto floodgates have opened” with multiple filings expected throughout 2025.
BlackRock’s leadership has reportedly stated they “may not be first, but will give clients choices,” suggesting a strategic approach to expanding their crypto ETF portfolio. The firm views crypto assets as “an unprecedented growth opportunity,” signaling a major shift in institutional adoption.
Timeline and Market Impact
Industry experts anticipate the following timeline for crypto ETF approvals:
- XRP: Early Q2 2025
- Solana: Late Q2 2025
- Additional crypto basket products: Throughout 2025
Market Validation and Expert Analysis
Nate Geraci, President of The ETF Store and a respected voice in the ETF industry, has independently corroborated these developments. He notes that BlackRock’s dominant position in Bitcoin and Ethereum ETFs makes it unlikely they would cede ground in other major cryptocurrencies.
Frequently Asked Questions
When will BlackRock launch the XRP ETF?
According to insider sources, the XRP ETF is expected to launch in early Q2 2025, following regulatory approvals.
Will these ETFs be available internationally?
Initial launches are expected to focus on U.S. markets, with potential international expansion following successful domestic implementation.
How might this affect XRP’s price?
Historical patterns suggest that institutional ETF offerings can significantly impact crypto asset prices through increased accessibility and demand.
At press time, XRP trades at $2.04, showing strong market anticipation of potential ETF developments.