XRP News Today: "BlackRock's XRP ETF Gamble: Can Price Hikes Outpace Supply Constraints?"

The recent success of the Canary Capital XRPC ETF has reignited speculation that BlackRock, one of the world's largest asset managers, could eventually launch an XRP-focused exchange-traded fund (ETF). The XRPC ETF, which debuted on Nov. 13, 2025, has drawn $292.61 million in inflows over four days, with $15.82 million added on Nov. 19 alone according to analysis. This surge in demand has prompted analysts to model scenarios where multiple XRP ETFs-potentially including a BlackRock product-could reshape the token's market dynamics.

Chad Steingraber, a crypto commentator, argues that a hypothetical BlackRock XRP ETF targeting $100 billion in assets under management (AuM) would require a significant price increase to avoid straining XRP's circulating supply. At current prices of $2.11, such a fund would need to hold 47.4 billion XRP, nearly 80% of the total supply of 60 billion. However, if XRP's price rises to $220, the same AuM would require only 454.5 million XRP, easing supply pressure. This mirrors the Bitcoin ETF experience, where rising prices helped absorb large institutional demand without overwhelming the market.

The speculation is further fueled by Ripple CEO Brad Garlinghouse's recent comments at the Swell event, where he highlighted the company's collaboration with traditional financial firms to bring digital assets into regulated markets. Analysts like Skipper_xrp suggest that BlackRock may already be quietly testing XRP-related products, citing the 2023 iShares XRP Trust filing incident as evidence. While BlackRock has denied current plans for an XRP ETF, the growing institutional interest and regulatory clarity could eventually prompt its entry.

Meanwhile, Ripple Bull Winkle, a crypto researcher, posits that BlackRock's strategy involves waiting for infrastructure like tokenization rails and cross-asset settlement systems to mature before launching a product according to analysis. He notes that the success of early XRP ETFs from Canary, Bitwise, and Franklin Templeton provides BlackRock with real-time data on liquidity and investor behavior. Winkle predicts that once conditions align, BlackRock will introduce what he calls the "largest XRP ETF," leveraging its market influence to dominate the space.

Institutional interest is also being driven by projects like XRP Tundra, a dual-token initiative operating on both the XRP Ledger (TUNDRA-X) and Solana (TUNDRA-S). With a fixed supply and cross-chain utility, XRP Tundra's structure aligns with institutional demand for yield generation, governance, and verifiable asset flows. The project's audits and transparent tokenomics have further bolstered confidence among Bitcoin holders seeking utility-driven assets.

Despite the optimism, risks remain. BlackRock and peers like Fidelity have explicitly stated no immediate plans for XRP ETFs. Moreover, achieving $100 billion in AuM within two years would require unprecedented adoption, far exceeding even BlackRock's successful Bitcoin ETF, which holds $69.74 billion according to data.

As the market awaits regulatory clarity and more XRP ETF launches-including Franklin Templeton's potential Nov. 24 debut-the stage is set for a pivotal shift in institutional crypto capital. Whether BlackRock steps in or not, the growing demand for XRP and its ecosystem could redefine the asset's trajectory in 2025 and beyond.