Blackrock Eyes XRP ETF Dosting after the dry conclusion of the dry trial

The BlackRock deposit for an XRP ETF is eagerly awaited in the XRP community, because the company manages 11.6 billions of dollars in assets. Franklin TempletonAn asset manager of $ 1.5 billion, recently filed its own S-1 form for an ETF XRP. With growing interest in digital assets, companies like Blackrock are impatient not to miss the opportunity, as they did with Bitcoin FNB. Competition intensifies with many companies, especially in gray levels, eager to offer ETF XRP.

Nate Geraci, president of the ETF store, has planned that Blackrock will deposit both for Solana and XRP ETF. He predicts that a ETF Solana could be deposited at any time, while an XRP ETF would likely come after the conclusion of the dry trial.

For UNversed, in July 2023, a court judged that direct sales of XRP by Ripple to institutional investors have violated the laws on securities, but sales on public exchanges did not do so. This led to a fine of $ 125 million and restrictions on Ripple’s XRP institutional sales. The dry has abandoned cases against Large cryptographic companiesAnd XRP could be the next one. In addition, the administration of President Donald Trump has created a cryptographic strategic reserve, which includes Bitcoin, Ether, XRP, Solana (Sol) and Cardano (ADA).

The DEC decision on ETF XRP has the key to institutional adoption

Blackrock currently leads the market in the Bitcoin and Ether by assets, and Geraci believes that the company will not let competitors launch ETF out of two of the five main cryptographic active ingredients without stable without fighting. In addition, he predicts that Blackrock will also deposit at Crypto Index ETF in the future.

Industry observers are delighted with the race, because the participation of Blackrock would have a significant impact on the future of ETF XRP, reflecting the success of Bitcoin ETF. The delay in the approval of the dry can give time to additional players like Blackrock and Franklin Templeton to consolidate their positions. The race for financial products linked to XRP is on and all eyes are on the next stages of the dry.

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• Franklin Templeton joins the ETF XRP race as key to CBOE files
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Investors closely follow these developments, hoping that clearer regulations will guide the market and attract more institutional investors in the cryptocurrency space. The future of XRP and Digital Asset ETF seems promising while the industry giants are preparing for what should be a year that changes the situation.