Will BlackRock Launch an XRP ETF?

BlackRock, the U.S.’s biggest spot Bitcoin and Ethereum ETF issuer, has not filed for a spot XRP ETF, even as seven other providers have already launched such funds. As of September 25, 2026, those ETFs hold about $1.77 billion in assets and roughly 1.18 billion XRP, or around 1.9% of circulating supply, after attracting about $1.79 billion in net inflows and withdrawals. XRP was around $1.50, down about 8% over the past week and 59% from its July 2025 all-time high of $3.65. BlackRock’s digital assets chief said launches depend most on client demand. ETF fees would total only about $4.4 million per year at a typical 0.25% rate, suggesting limited upside near-term.