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Altcoin News

BlackRock to File for Spot XRP ETF Today: Fact Check

Written By Iyiola Adrian
Fact Checked by Kritika Mehta
Published June 3, 2025 2:09 AM·Updated 1 year ago
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BlackRock to File for Spot XRP ETF Today: Fact Check

A couple of users on X recently claimed that BlackRock, the world’s largest asset manager with $11 trillion AUM, would file for a spot XRP ETF today, June 2. Now, all eyes are on the SEC filings page to check out any new filings by BlackRock.

Blackrock rumored to file for XRP ETF
Blackrock rumored to file for XRP ETF | Source: X

The claim that Blackrock would fill for XRP isn’t just trending for the first time. Last two weeks, a similar rumor spread that the company was planning to invest $9 trillion in XRP, but these claims came out to be false. At the moment, BlackRock would probably not consider an XRP ETF because of the legal issues that Ripple has with the U.S. Securities and Exchange Commission (SEC).

Furthermore, there was another rumor back in April 2025 about the same supposed XRP Trust filing that turned out to be fake as well. This pattern of unconfirmed claims has been consistent in the XRP community, but there’s no hard evidence to support them.

BlackRock currently holds billions in Bitcoin and Ethereum ETF assets that have a clearer path under U.S. regulation. The CEO Larry Fink has spoken positively about Bitcoin in the past, but he has never mentioned XRP. Even BlackRock’s head of ETFs has said they are not focused on altcoins like XRP.

Meanwhile, other asset managers like Franklin Templeton are still waiting on the SEC’s decision on their proposed spot XRP ETF. Last week, the SEC delayed its decision on products filled by 21 shares and Grayscale investment and set a new deadline for June 17. This is just to review the application properly and confirm that it reached the regulatory standard

So, BlackRock filing for an XRP ETF is very unlikely to happen. Until BlackRock releases a public statement or submits a real filing, it’s safe to say this is just another round of crypto space rumors.

Also Read: Ripple’s XRP, RLUSD Enter Europe, Brazil Cross-Border Payments

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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