BlackRock Eyes XRP as Wealthy Investors Demand Crypto Exposure

Wall Street’s trillion-dollar whale BlackRock might be circling XRP—just as high-net-worth clients start demanding digital asset allocations. The institutional dominoes are falling faster than a leveraged crypto trader’s portfolio.

Why now? Because nothing accelerates Wall Street’s blockchain ’research’ like clients threatening to take their money elsewhere. Suddenly, every asset manager becomes a true believer when the ultra-rich want in.

Watch for the usual playbook: carefully worded denials, exploratory filings, then a tidal wave of institutional capital. The only thing moving faster than XRP’s price on this news? The compliance team’s overtime hours.

Ripple: XRP’s Price If BlackRock Invests in the Leading Cryptocurrency

Ripple’s XRP is hovering around the $2.2 mark on Thursday and is up nearly 15% in the last 30 days. If BlackRock decides to invest in XRP, the altcoin’s price WOULD surge dramatically. The asset management firm would unleash an influx of funds into the altcoin, making its price soar in the charts.

Bitcoin was trading at the $60,000 mark before the SEC approved the BTC ETFs early last year. If a similar trend kicks off, XRP’s price could hit new highs and also breach its all-time high of $3.40 if BlackRock invests in it. While there is no doubt that institutional clients are seeking cryptocurrency exposure, there is no official word about their interest.

The cryptocurrency market has sustainably surged this year as Bitcoin touched $99,000 on Thursday. The chances of climbing above the $100,000 mark remain high, indicating that the markets are in the right direction. BlackRock and other institutional clients have made stellar profits with Bitcoin ETF and could continue under XRP if they invest.