Black Swan Capitalist founder Versan Aljarrah raised the issue of whether BlackRock and JPMorgan are secretly accumulating XRP.
He credited insights from Digital Perspectives and Digital Asset Buy, attaching a video featuring commentary from Digital Asset Investor and Bradley Kimes of Digital Perspectives.
Commentary on valuation and career movements
In the video, Digital Asset Investor began by pointing to Robbie Michnik and Susan Athey, who he said were the only ones to conduct a legitimate XRP valuation in 2018. He noted that Michnik later joined BlackRock, removing his affiliation with Ripple from LinkedIn.
He then questioned why Michnik now focuses exclusively on Bitcoin while BlackRock publicly only discusses Bitcoin and Ethereum in relation to exchange-traded funds. He argued that it was unrealistic to assume that BlackRock has no interest in other digital assets, particularly XRP.
The devil is in the detail. Are @BlackRock and @JPMorgan secretly positioning in #XRP?
Absolutely. They’ve been suppressing the tech while misdirecting the public, classic move.
Powerful insights from @DigPerspectives and @DigitalAssetBuyhttps://t.co/MkdHNfK8OX pic.twitter.com/kPHEHR6bPc
— Black Swan Capitalist (@VersanAljarrah) September 18, 2025
Digital Perspectives on Accumulation Practices
Bradley Kimes of Digital Perspectives expanded on this point by suggesting that institutions often talk about one asset publicly while accumulating another privately. He said this was part of a standard strategy, where firms may even criticize XRP while simultaneously purchasing it.
He emphasized that this practice is not illegal, but rather a common approach used by financial institutions to avoid driving up the price before they have finished their accumulation.
We are on X, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) June 15, 2025
References to historical pre-allocations
Kimes also connected the discussion to earlier allocation practices, pointing to instances where XRP was pre-allocated through option contracts. He mentioned that R3 was allocated 5 billion XRP and that Greg Kidd had an option contract on 1% of the total supply.
He argued that it was implausible that only these two parties had secured such arrangements, pointing to the possibility that other large entities, including major banks or international institutions, could also have been involved.
The tweet and accompanying video suggest that BlackRock and JPMorgan may be preparing positions in XRP while publicly maintaining a focus on Bitcoin and Ethereum. The arguments presented rely on observed career shifts, carefully interpreted public messaging, and references to historical allocation deals that are frequently cited within the community.
The claim, however, is constructed on interpretation and circumstantial evidence rather than on official disclosures, regulatory filings, or verifiable transaction records that would directly confirm such holdings.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
Follow us on X, Facebook, Telegram, and Google News
