HomeCryptocurrencyBlackRock XRP ETF Showtime. You Need to See This

BlackRock XRP ETF Showtime. You Need to See This

BlackRock manages one of the world’s most extensive ETF lineups. The firm offers products covering equities, fixed income, commodities, and niche asset classes that most investors have never considered.

Yet XRP, one of the biggest assets in the crypto space, remains absent from its catalog. Crypto analyst Digital Asset Investor (@digitalassetbuy) believes that absence is temporary.

Nate Garacci’s Position

Digital Asset Investor highlighted a post from Nate Geraci, president of The ETF Store. Geraci called it “still wild” that BlackRock is “refusing to launch spot crypto ETFs other than Bitcoin and Ethereum, not even an index-based crypto ETF.” He cited the firm’s ETF success as the reason the current posture carries risk.

He concluded that he is “standing by my prediction that they capitulate at some point and launch additional spot crypto ETFs.”

The Robbie Mitchnick Connection

Digital Asset Investor expanded on Garacci’s post, focusing on Robbie Mitchnick. Mitchnick moved from BlackRock to Ripple. He produced a valuation of XRP in 2018 while still at BlackRock. Digital Asset Investor says that document reveals an understanding of XRP’s technical advantages and positions it favorably against Bitcoin.

Digital Asset Investor’s take on Mitchnick is clear: “This guy knows.” He added that Mitchnick “clearly, inside of that valuation, talks about all the advantages.” This report, co-authored by Susan Athey, puts XRP’s fair-market value at $4,813.

Digital Asset Investor claims that institutional knowledge about XRP already exists inside Ripple through someone who came directly from BlackRock.

The XRP ETF Case

BlackRock already knows XRP. A person central to early institutional research on the asset now works at Ripple. The firm has every structural capability to launch a spot XRP ETF, as it has launched similar products before. The only variable is timing.

Garacci reinforces that point. A firm with 500 ETFs covering nearly every asset class has the infrastructure. The absence of a BlackRock XRP ETF is a choice, not a limitation. Digital Asset Investor believes that choice changes eventually.

Investor Positioning

Digital Asset Investor concluded his commentary with a clear recommendation. He called BlackRock’s current approach a strategic move and told his audience to “lock in.” He views the firm as not ignoring XRP, but managing the sequence of its market entries.

Garacci’s post and Digital Asset Investor’s commentary together show a growing institutional argument. BlackRock’s ETF expansion has a direction. XRP fits the profile of assets the firm has historically moved toward, and it could launch a spot XRP ETF soon.

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.


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Tobi Loba
Tobi Loba
Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.
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