XRP ETF Rumors Swirl Around BlackRock, But Legal Risks Keep It on Hold

Fresh speculation is heating up around the possibility of BlackRock entering the XRP ETF arena — but so far, it's just that: speculation.

Talk of the firm’s potential interest spiked after reports emerged about a recent meeting with the SEC’s crypto task force, where broader exchange-traded product (ETP) standards were discussed. A letter hinted that BlackRock is exploring additional crypto ETFs, yet no filing for an XRP product has surfaced, and the SEC hasn’t greenlit one.

For now, BlackRock’s crypto focus remains firmly on Bitcoin and Ethereum, both of which received regulatory approval earlier this year. In past statements, the firm made clear it had no short-term plans to expand into altcoins — XRP included.

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So why the caution, despite XRP’s ranking as a top digital asset? Legal uncertainty. Ripple’s drawn-out battle with the SEC continues, and although there’s movement toward resolving it — including potential changes to penalties and institutional sales bans — the lack of a clear outcome keeps major institutions like BlackRock at arm’s length.

Adding to the confusion was a bogus XRP trust filing last year, which BlackRock swiftly disavowed. Until the regulatory fog clears, an XRP ETF from the world’s largest asset manager remains a rumor — not reality.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.