BlackRock Inc. said it currently has no intention of seeking approval for spot exchange-traded funds that would track the XRP or Solana cryptocurrencies, according to a statement the asset manager provided to industry publication The Block.
The clarification follows online speculation that the world’s largest ETF issuer might expand its digital-asset lineup beyond existing products. A BlackRock spokesperson said the firm “does not have any plans to file for an XRP or a SOL ETF at this time,” without elaborating on future strategy.
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