News View Non-AMP

Why the BlackRock XRP ETF Might Not Be What Investors Hoped For

Published by
Mustafa Mulla

BlackRock, the biggest asset manager in the world with over $11.6 trillion, now wants an XRP ETF. At first, this might sound like great news for XRP supporters. Vandell Aljarrah, the Co-founder of Black Swan Capitalist, says this move isn’t really about helping people use or invest in XRP. He believes it’s more about control and making money for big financial players.

BlackRock’s XRP ETF: Profit Over Access

Till now, nine giant firms have filed for an XRP ETF, including Bitwise, 21Shares, Grayscale Volatility, and many more, though giants like BlackRock have yet to join the race.

Meanwhile, Vandell Aljarrah said that for those hoping that BlackRock’s XRP ETF would open the floodgates to widespread crypto adoption, the reality might be disappointing. He says that BlackRock may not have good intentions.

He believes this move isn’t about giving everyone fair access to XRP or helping investors use its full power. Instead, it’s more about control and profits.

Limited Utility with an XRP ETF

The Co-founder breaks it down simply, holding native XRP directly, you get more than just a price exposure. You can use it for remittances, liquidity provisioning, staking, smart contracts, and even hold and transfer it on your terms. 

However, with an ETF, these real-world uses of XRP are completely off-limits. You can’t move it, hold it yourself, or do anything meaningful on the blockchain. It becomes a price-watching game, not real participation.

XRP ETF Approval Odds Surge to 81%

After news broke that BlackRock might be eyeing an XRP ETF, bettors on Polymarket are feeling bullish. The chances of an XRP ETF getting approved by the end of 2025 have now jumped to 81%.

Just a short while ago, those odds were sitting at 77%, showing how quickly sentiment is shifting. And when it comes to a possible approval before July 31, things are more divided. About 44% of bettors think it could happen by then, while the rest believe it may take longer.

FAQs

Does BlackRock have XRP?

There’s no confirmed report that BlackRock directly holds XRP, only interest in a possible XRP ETF.

What ETF is owned by BlackRock?

BlackRock owns and manages many ETFs under the iShares brand, including IVV, IEMG, and AGG.

What are the odds of XRP ETF approval in 2025?

Polymarket odds now sit at 81% for XRP ETF approval by year-end 2025, signaling growing confidence.

Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Recent Posts

Stellar XLM Price Prediction 2025, 2026 – 2030: Will The XLM Coin Reach $1?

Story Highlights The live price of the Stellar crypto is XLM price could reach a…

June 25, 2025

Tron Price Prediction 2025, 2026 – 2030: Can Tron Reach $1?

Story Highlights The live price of the Tron coin is Tron crypto could reach a…

June 25, 2025

Hong Kong Crypto Stocks Skyrocket 200% in a Day!

On June 25, Hong Kong’s crypto market witnessed a sharp spike in investor confidence following…

June 25, 2025

Solana Price Prediction 2025, 2026 – 2030: SOL Price Targets $500 Next?

Story Highlights Solana Price Today is . Solana coin price could reach a potential high…

June 25, 2025

Bitcoin ETF Inflow Hits $588M—Is a $112K Rally Next?

The Bitcoin Price witnessed a turbulent price action over the past couple of days, driven…

June 25, 2025

Ethereum ETH Price Prediction 2025, 2026 – 2030: Will Ethereum Price Hit $3k?

Story Highlights The Ethereum price today is . ETH price with a potential surge could…

June 25, 2025