XRP News Today: BlackRock Denies XRP ETF Rumors Amid Legal Uncertainty

Speculation has been rife on social media platforms suggesting that BlackRock might be covertly preparing to launch an XRP ETF. Some of these speculations have gone as far as to claim a $9 trillion investment, but the veracity of these claims remains questionable.

BlackRock has already established a strong presence in the cryptocurrency market with its Bitcoin and Ethereum ETFs, which have attracted billions in inflows. The success of these ETFs is largely attributed to the regulatory clarity surrounding these assets. Currently, BlackRock holds around $39.33 billion in Bitcoin and $4.18 billion in Ethereum, solidifying its position in the two leading cryptocurrencies.

However, the situation with XRP is markedly different. The token is currently embroiled in legal uncertainty with the SEC, making it a risky investment for institutions like BlackRock, which prefer assets with official regulatory approval.

Despite the hype, BlackRock has not confirmed any involvement with XRP or Ripple. The rumored April 2025 XRP Trust filing was entirely fake, and BlackRock has publicly denied it. BlackRock CEO Larry Fink, who has been vocal about Bitcoin’s potential—predicting it could reach $700,000—has never commented on XRP. This silence is telling. Additionally, BlackRock’s head of ETFs has clarified that the company is not investing in altcoins like XRP. The viral claims about a $9 trillion XRP investment are completely false; that number refers to BlackRock’s total assets under management, not any specific crypto asset.

Some speculate that BlackRock could be indirectly involved with XRP through tokenized real-world assets or blockchain partnerships, but there is no evidence or official filing to support this.

For now, BlackRock is focusing on Bitcoin and Ethereum, both of which have cleared regulatory hurdles. However, this could change in the future. Nate Geraci, president of ETF Store, believes that with the Ripple lawsuit nearing its end, an XRP ETF is likely. According to Geraci, major players like BlackRock and Fidelity won’t want to ignore the third-largest non-stablecoin by market cap.

But not everyone is convinced that an XRP ETF would be beneficial for crypto holders. Vandell from Black Swan Capitalist argues that even if BlackRock files for an XRP ETF, it’s not necessarily a win for crypto holders. Native XRP offers real utility—from cross-border remittances and smart contracts to staking and liquidity provisioning. In contrast, an ETF only gives you price exposure—not the actual benefits of owning XRP. He warns that ETFs can be manipulated by institutions, and urges retail investors to consider whether they want real XRP utility—or just a Wall Street version of it.

In conclusion, BlackRock currently has no confirmed plans for an XRP ETF. The rumors about secret filings and trillion-dollar investments are false. However, if Ripple achieves full regulatory clarity, the door could open for institutional giants like BlackRock to enter the XRP space. Until then, it remains purely speculative.