BlackRock No Allow XRP & SOL Spot ETFs; Approval Chance Na 90%

BlackRock don talk say dem no dey plan to launch spot XRP ETF or SOL spot ETF anytime soon, even though market plenty speculation. One spokesperson yan The Block say regulatory clarity still be priority before dem file any new product. Since March and April, futures-based XRP and SOL ETFs don gather over $1 billion new capital, but BlackRock still dey focus on Bitcoin and Ethereum products. Meanwhile, other asset managers like ProShares, WisdomTree, 21Shares, Canary and Bitwise don already file for spot XRP ETF with SEC. Bloomberg analysts now give 90% approval chance for spot ETFs on XRP, DOGE and ADA by end of 2025. Canada’s 3iQ don beat US go market, list spot XRP ETFs (XPRQ, XPRQ.U) for Toronto Stock Exchange in June, gather around $50 million assets. Ripple recent legal win against SEC make XRP jump 11% to $3.33, while Ethereum gain 7% to $3,908 ahead of network upgrades and proposed ETH-based ETFs. Traders suppose calm down short-term expectations for BlackRock filings but make dem dey watch legal and regulatory developments for possible long-term catalysts.