BlackRock, the world’s largest asset manager, is reportedly gearing up to launch Solana and XRP exchange-traded funds (ETFs), signaling a significant move in the crypto space. This development comes as its BUIDL fund recently surpassed $1 billion in value, highlighting growing institutional interest in cryptocurrency investments beyond Bitcoin and Ethereum. Nate Geraci, president of The ETF Store, predicts that BlackRock will soon file for both Solana and XRP ETFs. He stated, “BlackRock will file for both Solana and XRP ETFs. Solana could happen any day, while XRP will likely follow once the SEC lawsuit is resolved.” The timing for an XRP ETF hinges on the conclusion of the ongoing legal battle between Ripple and the SEC, whereas Solana ETF applications could emerge much sooner. Given BlackRock’s dominance in Bitcoin and Ethereum ETFs, the firm is unlikely to let competitors seize these emerging markets without a fight. JPMorgan’s analysis suggests that these new ETFs could attract s

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