Insiders: Blackstone Group has no clear intention to launch an XRP exchange-traded fund

According to ChainCatcher, sources have revealed that BlackRock, the world's largest asset management company, has not yet indicated a clear intention to launch a spot XRP exchange-traded fund (ETF). This idea comes in the context of the recent approval of a Bitcoin spot ETF by the U.S. Securities and Exchange Commission (SEC).

There are views that the SEC's divergent stance has resonated in the market, indicating differing opinions within the SEC regarding cryptocurrency ETFs, which brings uncertainty to the approval of other cryptocurrency ETFs like XRP. However, XRP investors and analysts remain vigilant, watching for signs that may indicate future trends in cryptocurrency.