August 10, 2025 - Solana News Update
Update: 2025-08-10
Description
August 10, 2025: BlackRock, the world's largest asset manager, has ruled out launching ETFs for XRP and Solana (SOL) despite the Ripple-SEC case closure. Reasons behind this hesitation include regulatory concerns, limited liquidity, and lack of market demand. Meanwhile, several public companies are rushing to create crypto treasuries, indicating growing interest in digital assets. This trend suggests that institutional adoption of cryptocurrencies may increase in the near future. Powered by LabCat AI research tools.
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