Jake Claver, CEO of Digital Ascension Group, suggests that BlackRock might consider launching an XRP ETF amid current market uncertainties. Claver's comments come as BlackRock faces liquidity challenges, having capped withdrawals from its $26 billion HPS Corporate Lending Fund after $1.2 billion in redemption requests. This move highlights the structural risks in the $1.8 trillion private credit market. The idea of an XRP ETF has gained traction, with industry figures like Steven McClurg speculating that BlackRock could file for one by late 2026 or 2027. Meanwhile, other asset managers such as Franklin Templeton and Grayscale Investments have already launched XRP products, drawing $1.24 billion in inflows. Some analysts argue that tokenizing assets on the XRP Ledger could be a more significant move for BlackRock than an ETF.
BlackRock Faces Speculation Over Potential XRP ETF Amid Market Strain
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