Rumor: BlackRock Eyes XRP ETF. Pundit Says This Could Change Everything

Crypto proponent John Squire has drawn attention to renewed speculation surrounding a possible exchange-traded fund tied to XRP, citing rumors involving BlackRock.

In an X post, Squire stated, “RUMORS: BLACKROCK EYES XRP ETF,” adding that the asset management firm could be preparing to file for a spot XRP ETF. He further noted that such a development may follow a reported classification of XRP as a commodity by the U.S. Securities and Exchange Commission.

Squire emphasized the potential significance of the claim, writing, “If this is real… everything changes.” His statement reflects a broader sentiment within parts of the crypto community that institutional involvement at this level could influence market structure and investor participation.

Video Clips Add Context to the Claim

The post included a video compilation featuring brief interview exchanges with key industry figures. In one segment, an interviewer directly questioned BlackRock’s CEO about the possibility of launching another ETF, specifically asking about XRP.

The executive declined to provide a clear answer, stating only, “I can’t.” While the response did not confirm any plans, some observers have interpreted it as leaving the possibility open.

A second clip showed Brad Garlinghouse responding to a question regarding potential discussions with major issuers, including BlackRock.

Garlinghouse avoided confirming any active talks but acknowledged that BlackRock has made public statements on related matters. He added that such a product “makes sense for the XRP community overall,” indicating a favorable stance toward the concept of an XRP ETF without verifying its development.

Mixed Reactions Reflected in Community Responses

Comments included in the discussion highlight a range of reactions to the claim. Some users expressed optimism about institutional adoption, suggesting that involvement from firms like BlackRock could significantly expand XRP’s role in mainstream finance.

Others urged caution, noting that similar narratives have emerged during previous market cycles without resulting in confirmed filings or sustained price movements.

One commenter noted that each market rally tends to coincide with speculation about major financial institutions entering the space. This emphasizes the importance of verifiable documentation rather than unconfirmed reports.

Another response suggested that expectations of rapid price increases following such news may be overstated. He noted instances in which anticipated developments did not produce the expected market impact.

Uncertainty Remains Despite Growing Attention

At present, no official filing or confirmation from BlackRock has been made regarding an XRP ETF. The discussion remains centered on unverified claims and interpretations of public statements. While Squire’s post highlights the potential implications of such a move, the absence of formal documentation means the situation remains speculative.

The possibility of a BlackRock XRP ETF continues to attract attention due to its perceived impact on institutional access and market legitimacy. However, until concrete evidence emerges, the claims remain a rumor.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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