{"id":69744,"date":"2026-01-28T18:31:39","date_gmt":"2026-01-28T18:31:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=69744"},"modified":"2026-01-28T18:31:39","modified_gmt":"2026-01-28T18:31:39","slug":"blackrock-drops-another-bitcoin-etf-but-no-sign-of-an-xrp-etf-whats-going-on","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=69744","title":{"rendered":"BlackRock Drops Another Bitcoin ETF, But No Sign Of An XRP ETF, What\u2019s Going On?"},"content":{"rendered":"
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BlackRock, the world\u2019s largest asset manager, has filed for another Bitcoin ETF<\/a>. This comes as the crypto ETF issuer continues to confine itself to the BTC and ETH ecosystems and has opted not to file for crypto funds such as the XRP ETF.\u00a0<\/p>\n

BlackRock Files For New Bitcoin ETF<\/h2>\n

BlackRock filed an S-1 form<\/a> for its Bitcoin Premium Income ETF. According to the filing, the Bitcoin ETF will seek to track BTC\u2019s price while providing premium income through an actively managed strategy of writing call options on IBIT shares. From time to time, the Trust may also write call options on ETP indices that track spot BTC investment products<\/a> to generate premium income.\u00a0<\/p>\n

This proposed Bitcoin premium Income ETF will mark BlackRock\u2019s third major crypto ETF offering, as it already offers a spot Bitcoin ETF and an Ethereum ETF. The world\u2019s largest asset manager has, to date, opted against filing for an XRP ETF or funds that track other crypto assets, despite moves by other issuers such as Grayscale and Bitwise<\/a>.\u00a0<\/p>\n

It is worth noting that last year, BlackRock confirmed<\/a> that it has no plans to file for a Solana or XRP ETF at this time, opting to focus on its existing Bitcoin and Ethereum ETFs. The asset manager is currently the largest BTC and ETH ETF issuer, with net assets of $69 billion and $10 billion, respectively, according to SoSoValue data<\/a>.\u00a0<\/p>\n

Meanwhile, other crypto ETFs have seen considerable success despite BlackRock\u2019s hesitation to file for these funds. SoSoValue data shows that the XRP ETFs as a group already boast a net asset of $1.38 billion since launching in November. This accounts for just over 1% of the altcoin\u2019s market cap. Solana ETFs<\/a> have net assets of almost $1.10 billion, accounting for 1.50% of SOL\u2019s market cap.\u00a0<\/p>\n

BlackRock May Explore A Basket Product Down The Line<\/h2>\n

Bloomberg analyst James Seyffart said during an interview<\/a> with market expert Nate Geraci that BlackRock appears content to stick with just Bitcoin and Ethereum ETFs<\/a>. However, he alluded to his previous statement that the asset manager could launch a basket product or an active ETF at some point.\u00a0<\/p>\n

This could take the form of a crypto index ETF, which provides exposure to multiple crypto assets rather than a single asset. Such a move will be similar to Ark Invest\u2019s recent filing<\/a> for a CoinDesk 20 ETF. Cathie Wood\u2019s firm<\/a> offers only a spot Bitcoin ETF but is now looking to provide exposure to other assets through an index fund, rather than filing for a spot XRP ETF or other individual crypto funds.\u00a0<\/p>\n

Meanwhile, Seyffart made a case for a Solana ETF over an XRP ETF, stating that it is surprising that BlackRock hasn\u2019t explored SOL. This came as he described BTC, ETH, and SOL as the \u2018big 3\u2019 in terms of crypto assets that institutional investors are looking to gain exposure to.<\/p>\n

\"Bitcoin\"<\/div>\n","protected":false},"excerpt":{"rendered":"

BlackRock, the world\u2019s largest asset manager, has filed for another Bitcoin ETF. This comes as the crypto ETF issuer continues to confine itself to the BTC and ETH ecosystems and has opted not to file for crypto funds such as the XRP ETF.\u00a0 BlackRock Files For New Bitcoin ETF BlackRock filed an S-1 form for […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-69744","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/69744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=69744"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/69744\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=69744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=69744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=69744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}