Global asset management leader BlackRock stated on August 9 that it currently has no plans to file XRP or SOL spot ETFs. This clarification temporarily dispels speculation about the "next Altcoin ETF" and shifts focus back to the dramatic changes in the U.S. regulatory environment during the Trump administration.
Market Rumors Slow Down
A BlackRock spokesperson directly stated:
There are currently no arrangements to file XRP or SOL ETFs.
Currently, the company only has Bitcoin and Ethereum spot ETFs listed in the U.S. Nevertheless, the SEC is simultaneously reviewing dozens of ETF proposals tracking assets like XRP, SOL, and Doge, leading to speculation about whether BlackRock will lead again. Market research institutions estimate that if the SEC approves more Altcoin ETFs, upstream funds could drive supply contraction pressures of up to $71 billion, but approval depends on details such as liquidity, manipulation risks, and custody.
