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In what could be a major turning point for crypto adoption, BlackRock — the world’s largest asset manager — is reportedly preparing to file for spot XRP and Solana (SOL) exchange-traded funds (ETFs), according to an anonymous source close to the firm.
If confirmed, this move would signal a dramatic expansion of BlackRock’s crypto strategy beyond Bitcoin and Ethereum, positioning XRP and Solana as the next digital assets to potentially receive mainstream ETF exposure.
The Rumor That’s Rocking the Crypto World
The report, shared by a well-placed industry insider and circulating on crypto Twitter and financial forums, claims that preliminary groundwork for the filings is already underway, with formal announcements expected “within weeks.”
“BlackRock sees clear market demand and legal pathways for spot ETFs beyond BTC and ETH. XRP and SOL are next in line,” the insider reportedly said.
BlackRock has not officially confirmed the rumor, but the company has recently increased its crypto-facing activities — including product expansion in Europe and new blockchain infrastructure partnerships.
Why XRP and Solana?
XRP:
- Legal clarity following the Ripple v. SEC case makes XRP one of the few large-cap crypto assets with partial regulatory green light in the U.S.
- Ripple’s strong institutional relationships and global payment use cases align with BlackRock’s focus on infrastructure and finance rails.
Solana (SOL):
- Solana’s high-throughput, low-cost blockchain has seen a massive resurgence in 2025, with rising DeFi, NFT, and meme token activity.
- Its growing developer ecosystem and increasing institutional interest make it a compelling alternative to Ethereum.
“XRP offers regulatory clarity, SOL offers speed and scale. From a product standpoint, both are strong ETF candidates,” said crypto analyst Darren Moore.
What This Could Mean for the Market
The potential launch of spot XRP and SOL ETFs would likely:
- Open the floodgates for institutional investment in both assets
- Boost liquidity and legitimacy of XRP and Solana in traditional finance
- Trigger upward price pressure, as ETF speculation historically has
In fact, both XRP and SOL saw double-digit intraday gains following the leak, as investors began positioning ahead of a possible filing frenzy.
Regulatory Landscape: Still a Wild Card
While Bitcoin and Ethereum spot ETFs have cleared SEC hurdles, regulators remain cautious about altcoin ETFs. However, recent court decisions and pressure from Wall Street heavyweights could soften resistance.
“If BlackRock is moving forward, they’ve likely scoped out the regulatory path,” notes ETF expert Lisa Tran. “They don’t shoot from the hip.”
Whether the rumors prove true or not, the mere possibility of BlackRock entering the XRP and SOL ETF arena is a strong indicator of where institutional crypto interest is headed.
As the lines blur between Wall Street and Web3, XRP and Solana may soon join Bitcoin and Ethereum on the public investing stage — via ticker symbols, not just token IDs.
