A few customers on X not too long ago claimed that BlackRock, the world’s largest asset supervisor with $11 trillion AUM, would file for a spot XRP ETF as we speak, June 2. Now, all eyes are on the SEC filings web page to try any new filings by BlackRock.
The declare that Blackrock would fill for XRP isn’t simply trending for the primary time. Final two weeks, an identical rumor unfold that the corporate was planning to make investments $9 trillion in XRP, however these claims got here out to be false. In the meanwhile, BlackRock would most likely not contemplate an XRP ETF due to the authorized points that Ripple has with the U.S. Securities and Alternate Fee (SEC).
Moreover, there was one other rumor again in April 2025 about the identical supposed XRP Belief submitting that turned out to be pretend as effectively. This sample of unconfirmed claims has been constant within the XRP neighborhood, however there’s no exhausting proof to help them.
BlackRock at the moment holds billions in Bitcoin and Ethereum ETF belongings which have a clearer path beneath U.S. regulation. The CEO Larry Fink has spoken positively about Bitcoin previously, however he has by no means talked about XRP. Even BlackRock’s head of ETFs has mentioned they don’t seem to be centered on altcoins like XRP.
In the meantime, different asset managers like Franklin Templeton are nonetheless ready on the SEC’s determination on their proposed spot XRP ETF. Final week, the SEC delayed its decision on merchandise stuffed by 21 shares and Grayscale funding and set a brand new deadline for June 17. That is simply to evaluation the applying correctly and make sure that it reached the regulatory normal
So, BlackRock submitting for an XRP ETF may be very unlikely to occur. Till BlackRock releases a public assertion or submits an actual submitting, it’s secure to say that is simply one other spherical of crypto house rumors.
Additionally Learn: Ripple’s XRP, RLUSD Enter Europe, Brazil Cross-Border Payments
