Will BlackRock’s ETF Filings for XRP and Solana Reshape the Crypto Landscape?
As the cryptocurrency space continues to change, talk is buzzing about BlackRock’s potential filings for spot ETFs linked to XRP and Solana. Could this interest from such a significant asset manager alter the market, especially with a growing desire for diversified crypto exposure from institutions? Recent insights from experts in the field imply that BlackRock might be on the verge of action, possibly even before the regulatory environment shifts again.
What Role Do Regulatory Developments Play in ETF Approvals?
Recently, the U.S. Securities and Exchange Commission (SEC) has made moves that may make it easier to get new ETF filings approved. For instance, allowing in-kind creations and redemptions for crypto exchange-traded products…