BlackRock Holds Back on XRP as ETF Rumors Heat Up for Cardano, Polkadot, and Chainlink

BlackRock, the world’s largest asset manager, has opted not to file for a ￰0￱ XRP ETF in 2025 despite the SEC reclassifying XRP as a digital commodity and settling its lawsuit with ￰1￱ decision comes as competitors such as Grayscale, Bitwise, and 21Shares aggressively pursue XRP ETF approvals, with market analysts projecting inflows between $4.3 billion and $8.4 billion by year-end. Instead, BlackRock remains focused on its dominant Bitcoin and Ethereum ETF products, citing limited institutional demand for ￰2￱ the firm stresses caution, critics warn that hesitation could cost BlackRock market share as rival funds attract institutional investors seeking diversified crypto ￰3￱ ETF Rumors Drive Market Optimism Meanwhile, Cardano (ADA) is becoming one of the hottest altcoin stories of ￰4￱ filed an updated S-1 with the SEC for its proposed Cardano ETF, boosting approval odds on prediction market Polymarket to 87%, up from 63–75%.

The proposed fund would trade on NYSE Arca, holding ADA directly with Coinbase Custody providing ￰5￱ believe an approval could propel ADA’s price well above $1.00, with potential gains of 40–55% if institutional inflows ￰6￱ ETF speculation, Cardano continues to build fundamentals with ecosystem upgrades such as smart contract enhancements and the Midnight privacy ￰7￱ and Chainlink Join the Rally Polkadot (DOT) and Chainlink (LINK) have also captured investor attention amid ETF buzz and ecosystem progress. DOT, trading around $3.76, has been resilient, with analysts forecasting steady growth toward $4.20 this year and $6.99–$8.45 in 2026 as adoption of its cross-chain technology expands.

Chainlink, on the other hand, surged past $23 in late August after the ￰8￱ of Commerce announced it would publish official economic data on-chain using Chainlink’s oracle ￰9￱ also filed for a Chainlink spot ETF, further fueling bullish ￰10￱ see potential for LINK to retest highs near $30 if momentum ￰11￱ ETF speculation filling the market, BlackRock’s conservative stance on XRP contrasts sharply with the aggressive push by rivals into Cardano, Polkadot, and ￰12￱ SEC decisions approach this fall, the outcome could redefine institutional participation in the broader crypto ￰13￱ image from ChatGPT, ADAUSD chart from Tradingview