尽管XRP ETF越来越疯狂，但贝莱德仍然保持沉默

随着Ripple的XRP诉讼解决方案最终到达，加密社区充满了人们对可能的XRP ETF发布的期望。

The crypto community is eagerly awaiting the launch of an XRP ETF, especially with Ripple's lawsuit finally settled. While many platforms are applying for the product, the world’s largest asset management company, BlackRock (NYSE:BLK), is silent on the matter.

加密社区正在急切地等待XRP ETF的推出，尤其是随着Ripple的诉讼终于解决了。尽管许多平台正在申请该产品，但世界上最大的资产管理公司BlackRock（NYSE：BLK）对此事保持沉默。

Expert All Things XRP is detailing BlackRock’s vision and possible reasons behind its silence in a series of X posts. Let’s read through the key points that shed light on the asset manager’s strategic approach to crypto investments.

XRP的专家All Thick在一系列X帖子中详细介绍了BlackRock的愿景和其沉默背后的可能原因。让我们阅读阐明资产经理对加密投资的战略方法的关键点。

BlackRock's silence on XRP ETF sparks attention

贝莱德在XRP ETF上的沉默引发了人们的注意

Despite the growing frenzy over XRP exchange-traded funds, the world’s largest asset management company, BlackRock, remains silent, sparking significant attention.

尽管对XRP交易所交易的资金的疯狂越来越疯狂，但全球最大的资产管理公司贝莱德仍然保持沉默，引发了极大的关注。

Expert All Things XRP, known for deciphering the intricacies of the crypto market, has shared insights into why BlackRock is holding back from applying for an XRP ETF, despite its successful applications for Bitcoin and Ethereum ETFs.

专家万物XRP以破译加密市场的复杂性而闻名，它已经分享了贝莱德为何拒绝申请XRP ETF的见解，尽管它成功地应用了比特币和以太坊ETF。

Highlighting several factors, the expert explained that the asset manager’s focus on Bitcoin and Ethereum is one of the main reasons to shy away from XRP.

专家解释说，强调了几个因素，资产经理对比特币和以太坊的关注是回避XRP的主要原因之一。

BlackRock is currently riding the wave of success with Bitcoin and Ethereum. iShares Bitcoin Trust boasts over $30 billion in Assets Under Management (AUM), and BlackRock’s ETH ETF has reached $1 billion in AUM in just two months.

贝莱德目前正在用比特币和以太坊的成功浪潮。 iShares比特币信托拥有超过300亿美元的管理资产（AUM），而BlackRock的ETH ETF在短短两个月内就达到了AUM 10亿美元。

In light of this success, the platform is cautiously exploring other altcoins to mitigate potential risks.

鉴于这一成功，该平台正在谨慎探索其他山寨币，以减轻潜在的风险。

Moreover, XRP may not meet BlackRock’s internal thresholds for demand, liquidity, and legal clarity. According to the company’s ETF executives, only Bitcoin and Ethereum currently meet these requirements.

此外，XRP可能不符合贝莱德的内部阈值，以提高需求，流动性和法律清晰度。根据公司的ETF高管，目前只有比特币和以太坊符合这些要求。

Regulatory concerns are also a factor, as noted by the expert. Although both Ripple and the SEC dropped their appeals in the XRP lawsuit, the case is not officially over, and the label of “security” still lingers around. This uncertainty may deter the investment giant from applying for an XRP ETF.

正如专家指出的那样，监管问题也是一个因素。尽管Ripple和SEC都在XRP诉讼中放弃了上诉，但此案尚未正式结束，“安全”的标签仍然徘徊。这种不确定性可能会阻止投资巨头申请XRP ETF。

Recently, All Things XRP shared insights on CEO Brad Garlinghouse's crucial role in Ripple's growth.

最近，XRP对首席执行官布拉德·加林豪斯（Brad Garlinghouse）在Ripple增长中的关键作用分享了见解。

Who will launch the first XRP ETF?

谁将启动第一个XRP ETF？

Interestingly, BlackRock is adopting a wait-and-see approach. The expert noted that competitors like Grayscale and Franklin Templeton will likely apply first, allowing them to face the possible regulatory hurdles.

有趣的是，贝莱德正在采用一种拭目以待。专家指出，像Grayscale和Franklin Templeton这样的竞争对手可能会首先适用，从而使他们能够面对可能的监管障碍。

However, once one of these platforms launches an ETF, the door will open for BlackRock to easily apply for its own product. This approach will also allow BlackRock to gauge institutional appetite for XRP products and assess the risk landscape.

但是，一旦这些平台之一启动了ETF，门将为BlackRock打开，以轻松申请自己的产品。这种方法还将允许贝莱德评估XRP产品的机构食欲并评估风险格局。

Whoever takes the lead, an XRP ETF launch is poised for a significant price surge in the Ripple coin.

无论谁领先，XRP ETF的推出都可以在Ripple硬币的价格上涨。

In addition, the asset manager’s fake XRP ETF filing in 2023 has further strengthened their cautious stance. Previously, the filing went viral and sparked ambiguity within the crypto market.

此外，资产经理在2023年提交的假XRP ETF申请进一步加强了他们谨慎的立场。此前，该文件传播开来，并在加密货币市场中引发了歧义。

BlackRock had to publicly deny involvement, which could damage their reputation. This incident might have made them cautious about pursuing an XRP ETF, at least for now, as they may want to avoid similar PR issues.

贝莱德必须公开否认参与，这可能会损害其声誉。至少目前，这一事件可能使他们谨慎地追求XRP ETF，因为他们可能想避免使用类似的公关问题。

Will BlackRock Launch an XRP ETF?

BlackRock会推出XRP ETF吗？

Additional factors like lack of demand and XRP’s relatively small market share have also contributed to the asset manager’s decision. However, the investment firm is expected to push for an XRP ETF in the future after tackling all the possible hurdles.

诸如缺乏需求和XRP相对较小的市场份额之类的其他因素也有助于资产经理的决定。但是，在解决所有可能的障碍之后，预计该投资公司将来会推动XRP ETF。

BlackRock is known for launching products at the right moment, when the odds are in their favor. The strategic move is expected when XRP meets complete regulatory clarity and market stability.

贝莱德（Blackrock）以在适当的时刻发射产品而闻名，当时赔率对其有利。当XRP符合完全的监管清晰度和市场稳定性时，这一战略性举动是可以的。

As per All Things XRP, BlackRock is envisioning dominating the space. The expert cited, “But if and when they do, it’ll be to dominate the space — not just participate.”

根据XRP的所有事物，BlackRock正在设想主导空间。专家引用：“但是，如果他们何时进行，那将是主导空间，而不仅仅是参与。”