XRP ETF From BlackRock Possible By Late 2026, Canary CEO Predicts

The marketplace for XRP ETFs has already secured full approval from the US Securities and Exchange Commission (SEC), with six merchandise now managing greater than $1 billion in mixed belongings. Yet one main participant stays absent: BlackRock. 

According to Canary Capital Chief Executive Officer Steven McClurg, that will not final ceaselessly. He believes the world’s largest asset supervisor might file for a spot XRP ETF by late 2026 or early 2027, assuming present developments proceed.

XRP ETF Assets Must Hit $3B Before BlackRock Moves

As famous by market knowledgeable Sam Daodu in a Tuesday report, belongings in XRP-linked ETFs climbed to a peak of $1.6 billion in January earlier than experiencing roughly $500 million in outflows, bringing whole belongings again to round $1 billion. 

According to McClurg’s outlook, BlackRock is unlikely to maneuver except sure market alerts turn out to be simple. One of the clearest indicators can be sustained progress in current XRP ETF belongings. 

While belongings peaked at $1.6 billion in January 2026 and have since settled close to $1 billion, an increase towards $3 billion or extra would show sturdy and sturdy demand. 

Canary’s CEO asserts that BlackRock pays shut consideration to market capitalization and investor urge for food. If present XRP ETFs have been to triple in dimension, the industrial rationale for launching a competing product would turn out to be way more compelling.

Competitive dynamics might additionally speed up the timeline. BlackRock shouldn’t be usually the primary to enter a brand new phase, however it not often permits rivals to dominate uncontested. 

McClurg famous that it will not be lengthy earlier than BlackRock feels stress to reply if one other giant agency information for a spot XRP ETF. A rival’s transfer might drive BlackRock’s hand earlier than its present projected window.

Perhaps probably the most decisive issue can be demand from institutional clients. If state pension funds, college endowments or sovereign wealth funds start allocating XRP inside their accredited asset courses, that shift would possible function a transparent sign. 

Ripple Connection

Notably, BlackRock’s relationship with Ripple’s broader ecosystem could already be nearer than many assume. The agency’s tokenized treasury fund, BUIDL, makes use of Ripple’s RLUSD stablecoin as collateral. 

That integration suggests a level of familiarity and luxury with Ripple-linked infrastructure, even within the absence of an XRP ETF. Such ties might doubtlessly shorten the space between monitoring the market and formally getting into it, ought to demand speed up.

For now, BlackRock stays on the sidelines of the XRP ETF area. Whether it steps in by late 2026, in 2027, or additional down the highway will possible rely upon one central issue: whether or not institutional demand grows sturdy sufficient to make staying out the higher danger.

As of this writing, XRP was buying and selling at $1.34, marking an 8% drop over the previous week. 

Featured picture from OpenArt, chart from TradingView.com