Rumors are flying across crypto circles that BlackRock may be preparing to launch an XRP ETF. Social media posts claim a massive $9 trillion investment could be coming — but how accurate is this?
BlackRock has made waves with its Bitcoin and Ethereum ETFs, holding over $43 billion combined in those assets. However, XRP doesn’t share the same regulatory clarity. It remains entangled in legal complications with the SEC, making it a difficult fit for a company like it that sticks with well-regulated offerings.
Despite the hype, BlackRock has not filed for an XRP ETF. A prior filing in April 2025 was debunked as fake, and CEO Larry Fink has never acknowledged XRP in public discussions. The $9 trillion figure cited by rumor mills refers to its total assets under management — not a crypto investment.
There is, however, cautious optimism surrounding XRP ETFs more broadly. The SEC is set to make a ruling on Franklin Templeton’s spot XRP ETF by June 17, 2025. Bloomberg ETF analyst Eric Balchunas puts the odds at 65% for approval eventually, and on-chain prediction markets like Polymarket give it an 83% chance by year-end.
The SEC recently held closed-door discussions with BlackRock, Fidelity, and others — prompting speculation that the agency may be warming to altcoin ETFs, including XRP.
ETF Store President Nate Geraci recently commented: “Spot XRP ETF approval is just a matter of time… The largest ETF issuers won’t ignore this forever.”
While the rumors about BlackRock remain unsubstantiated, the conversation around an XRP ETF is heating up — and all eyes are now on the SEC’s next move.
Also Read: Breaking !NFT Market Down 97% – Pudgy Penguins to the Rescue?