Does BlackRock Own XRP?

XRP has long been one of the most talked-about cryptocurrencies in the digital asset space, not only because of its role in Ripple’s cross-border payments system but also because of the regulatory spotlight it has faced. Recently, speculation intensified around whether BlackRock—the world’s largest asset manager with more than $9 trillion under management—has any stake in XRP or plans to launch an XRP-backed exchange-traded fund (ETF).

The short answer is: BlackRock does not own XRP, nor does it currently plan to launch an XRP ETF. Despite repeated rumors on social media and in online forums, the company has issued clear statements denying involvement with XRP. Its focus remains firmly on Bitcoin and Ethereum, where institutional demand is strongest and regulatory conditions are more favorable.

BlackRock’s Official Position

BlackRock has attracted widespread attention in crypto markets because of its reputation and influence. When the company filed for a spot Bitcoin ETF in 2023 and later pursued an Ethereum ETF, it was a huge turning point for institutional acceptance of digital assets. These moves naturally fueled speculation that XRP could be next.

However, BlackRock issued explicit statements confirming that it has no plans to launch an XRP trust, ETF, or similar investment product. A spokesperson has also denied claims that the firm holds large amounts of XRP. Instead, BlackRock’s crypto strategy continues to center on Bitcoin and Ethereum, the two most established and liquid cryptocurrencies.

Clarifying ETF Speculation

Another common question is whether BlackRock intends to file for an XRP ETF. So far, the answer is no. The company has filed for ETFs tied only to Bitcoin and Ethereum, citing clearer regulatory frameworks and higher institutional demand for these assets.

Regulatory uncertainty continues to cloud the path for an XRP ETF. The US Securities and Exchange Commission (SEC) only recently closed its high-profile case against Ripple, and although courts ruled that XRP is not itself a security, the lack of definitive regulatory classification still deters some institutional players. BlackRock, known for its cautious and compliance-driven approach, appears unwilling to enter the XRP ETF race until these risks are fully resolved.

Meanwhile, smaller firms like Bitwise, 21Shares, WisdomTree, and Canary Capital have filed proposals for XRP ETFs. None of these have yet been approved by the SEC.

Does BlackRock Directly Own XRP?

The question of direct ownership is straightforward: BlackRock does not currently own XRP. Public filings, which would be required for a company of BlackRock’s size, show no evidence of XRP holdings. Independent crypto asset trackers also list no XRP exposure in BlackRock’s portfolios.

Other asset managers have experimented with XRP investment products in certain jurisdictions, but BlackRock has deliberately steered clear. Executives at the firm explained that client demand and regulatory clarity drive their product strategy, and both factors currently point toward Bitcoin and Ethereum rather than XRP.

Why Do These Rumors Persist?

Despite repeated denials, speculation about BlackRock and XRP continues to resurface. Much of this is tied to social media narratives, particularly after positive developments in Ripple’s legal battles. For example, after the SEC’s lawsuit against Ripple was largely resolved, posts claiming that BlackRock was about to buy XRP or file for an ETF gained traction.

These posts fueled trading activity, but none were based on official sources. Media outlets and analysts have since debunked these claims, noting that the rumors rely on screenshots, fabricated documents, or unverified leaks rather than verifiable information.

BlackRock’s Broader Crypto Strategy

BlackRock’s strategy in digital assets has been measured and deliberate. The firm launched the iShares Bitcoin Trust, one of the most successful spot Bitcoin ETFs, and has applied for an Ethereum ETF. Both assets have clearer regulatory standing in the US and represent the majority of institutional demand.

By contrast, XRP still faces regulatory ambiguity and comparatively less institutional appetite. For BlackRock, which prioritizes scale, liquidity, and regulatory compliance, XRP does not yet meet the criteria for inclusion in its offerings.

Frequently Asked Questions

What is BlackRock's relationship with Ripple, the company behind XRP?

BlackRock does not have a direct business relationship with Ripple, the company that created XRP. The firm has not entered any known partnerships or agreements with Ripple as of August 2025.

How does BlackRock's investment strategy impact cryptocurrencies like XRP?

BlackRock focuses mainly on high-liquidity and well-regulated assets. It has shown interest in Bitcoin and Ethereum, but its cautious approach means it has avoided XRP so far.

Has BlackRock made any public statements about owning XRP assets?

BlackRock executives have stated clearly that the company is not investing in XRP at this time. They have emphasized their focus on Bitcoin and Ethereum ETFs. There are no official announcements suggesting the company holds XRP.

Are there any known investments by BlackRock in XRP or Ripple-associated funds?

There is no evidence or record of BlackRock owning XRP or investing in funds tied directly to Ripple. While rumors occasionally surface online about possible BlackRock purchases of XRP, none have been confirmed by the company.

What role do institutional investors like BlackRock play in the cryptocurrency market?

Institutional investors bring large amounts of capital and attention to the market. Their involvement can lead to increased trust and stability for certain digital assets. Firms like BlackRock influence what assets may become more widely accepted or invested in.

Can BlackRock's holdings influence the value and stability of XRP?

If BlackRock were to buy or hold XRP in significant amounts, it could affect the price and market stability due to the company's financial scale. However, since BlackRock does not currently own XRP, its impact on the asset remains minimal.