BlackRock, managing $11.5 trillion in assets, has firmly stated it is not investing in XRP, despite rumors circulating in the crypto community. The asset management giant has publicly reaffirmed that it is concentrating its efforts on Bitcoin and Ethereum, leaving XRP investors on the sidelines. The discourse intensified following a false filing regarding an 'iShares XRP Trust' in November 2023, which BlackRock rapidly denied. BlackRock executives like Jay Jacobs and Robert Mitchnick have emphasized the strong performance of their Bitcoin and Ethereum ETFs, indicating where the firm's interests lie. They have pointed out that most altcoins, including XRP, do not meet their rigorous standards regarding market depth and regulatory readiness.
The ongoing legal battle between Ripple Labs and the SEC certainly adds to the hesitation for big institutions like BlackRock. As of mid-2025, there has been no clear regulatory path for XRP following a mixed ruling by U.S. District Judge Analisa Torres. While she indicated that XRP's sales to retail investors do not equate to securities, institutional sales still fall under scrutiny. Recent developments suggest that a settlement may have occurred between Ripple and the SEC, aiming to clarify XRP's regulatory position. Still, BlackRock appears to be cautious in their approach.
Larry Fink, BlackRock's CEO, has shifted from previously criticizing Bitcoin to advocating for tokenization of assets. Despite this shift, he has remained silent on XRP specifically. While the termination of the SEC's litigation against Ripple could impact XRP's outlook favorably, it may not be enough for BlackRock to change its stance without established regulatory assurance and a strong client demand. Investors should consider BlackRock’s official communications rather than rumors, as any future commitment to XRP will depend on stringent regulatory prerequisites being met.
The ongoing legal battle between Ripple Labs and the SEC certainly adds to the hesitation for big institutions like BlackRock. As of mid-2025, there has been no clear regulatory path for XRP following a mixed ruling by U.S. District Judge Analisa Torres. While she indicated that XRP's sales to retail investors do not equate to securities, institutional sales still fall under scrutiny. Recent developments suggest that a settlement may have occurred between Ripple and the SEC, aiming to clarify XRP's regulatory position. Still, BlackRock appears to be cautious in their approach.
Larry Fink, BlackRock's CEO, has shifted from previously criticizing Bitcoin to advocating for tokenization of assets. Despite this shift, he has remained silent on XRP specifically. While the termination of the SEC's litigation against Ripple could impact XRP's outlook favorably, it may not be enough for BlackRock to change its stance without established regulatory assurance and a strong client demand. Investors should consider BlackRock’s official communications rather than rumors, as any future commitment to XRP will depend on stringent regulatory prerequisites being met.
