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BlackRock May Launch XRP and SOL ETFs, Says Insider

  • BlackRock, the world’s largest asset manager, may soon offer Exchange-Traded Funds (ETFs) for XRP and Solana (SOL).
  • Major financial institutions are currently building towards launching ETF products for digital currencies despite the lack of movement from BlackRock.
  • Grayscale, as one of the leading cryptocurrency investment companies, submitted an S-1 form to the U.S. Securities and Exchange Commission (SEC) for the creation of a Solana ETF.
  • XRP and Solana demonstrate promising market dynamics supported by increasing institutional participation, which indicates their development potential in international financial sectors.

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