BlackRock's next move? An XRP ETF—just as the cryptocurrency flips the asset manager's own market valuation.
The Institutional Pivot
Analysts are buzzing that BlackRock—yes, the same titan that built empires on traditional finance—might be preparing to launch an XRP exchange-traded fund. No official filing yet, but insiders point to strategic positioning and client demand as key drivers.
Market Cap Milestone
XRP recently surged past BlackRock’s total market cap. Let that sink in—a single digital asset now outweighs one of the world’s largest asset managers. Talk about a power shift.
Why It Matters
An XRP ETF would open floodgates. Institutional money, regulatory clarity, mainstream adoption—the trifecta crypto’s been chasing for years. And BlackRock? They’ve never been ones to miss a trend, especially when there’s a fee to collect.
Bottom Line: When giants play catch-up, they don’t just enter the game—they change it. Whether that’s good for decentralization? Well, Wall Street never really cared about that anyway.

XRP ranks among top 100 largest assets globallyXRP ranks among the top 100 largest assets globally
At the current price of $2.98, XRP has a valuation of roughly $178 billion. However, BlackRock, whose stock trades at $1,148 at the time of publication, boasts a market cap of $177.8 billion.
"BlackRock Will Launch XRP ETF"
As expected, XRP’s community members have been celebrating the latest milestone, with some making bold predictions about the cryptocurrency. One of these forecasts came from popular community figure Zach Rector.
He suggested that it could be an awkward moment for the BlackRock team members to watch as XRP’s market cap surpasses that of the firm. Consequently, Rector predicted that BlackRock, which currently offers Bitcoin and
ethereum ETFs, will definitely file and launch a similar product for XRP.
The reasoning is that with XRP's soaring valuations in the global asset ranking, the world’s largest asset manager may see value in the cryptocurrency.
Rector also issued another bold forecast, speculating that the potential BlackRock XRP ETF will outperform the company’s Ethereum exchange-traded fund (ETHA). At press time, ETHA boasts a total inflow of $12.15 billion, positioning it as the best-performing spot Ethereum ETF globally.
No Immediate Plans for XRP ETF
Despite Rector’s bold prediction, BlackRock has continued to dismiss any immediate plans to roll out a spot ETF tied to XRP. The company has yet to show interest in XRP even though several asset managers are vying to launch spot XRP ETFs in the United States.
However, many expect the company to change its stance following the conclusion of the Ripple lawsuit, which removed the regulatory tension surrounding the token.
Meanwhile, Nate Geraci of NovaDius Wealth Management warned that BlackRock risks losing its dominance in the crypto ETF market if it delays filing for an XRP ETF.