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HomeCryptocurrencyCanary Capital CEO Predicts When BlackRock Could File for XRP ETF

Canary Capital CEO Predicts When BlackRock Could File for XRP ETF

Crypto analyst Xaif (@Xaif_Crypto) recently shared a video interview featuring Canary Capital CEO Steven McClurg, who discussed the potential for major institutions to file spot ETFs for XRP and Solana. His comments suggest that the next few years could see XRP gaining significant traction in regulated investment products.

Institutions Moving Beyond Bitcoin and Ethereum

According to McClurg, leading financial firms are already exploring options beyond Bitcoin and Ethereum. Fidelity and Franklin Templeton have entered the market, establishing early positions in digital assets. McClurg highlighted that these moves set the stage for even larger providers to consider alternative tokens.

He stated, “It wouldn’t surprise me if BlackRock files for an XRP, potentially Solana ETF sometime at the end of 2026 or 2027.” This positions XRP as a key candidate for institutional adoption, indicating a strong interest in the token among major players.

Competitive ETF Landscape

The ETF market is increasingly active. McClurg noted that Invesco has already filed for a Solana ETF, demonstrating that the industry is ready to expand offerings beyond Bitcoin and Ethereum. He emphasized that BlackRock’s entry into the XRP market would depend on observed demand and market capitalization.

He noted, “You’ve already got Fidelity. You’ve already got Franklin Templeton. So, it’s not going to be a whole lot longer before BlackRock also looks at this.” This statement signals that XRP is moving closer to mainstream institutional products.

XRP’s Position in the Market

XRP’s liquidity and capitalization make it a prime candidate for regulated ETFs. McClurg explained that ETF providers assess tokens based on demand, size, and stability. XRP’s established presence in global markets and growing adoption among institutions strengthen its case for official filings.

McClurg’s forecast suggests filings could occur by late 2026 or 2027. He emphasized that institutions typically require clear indicators of market interest before launching new ETFs. With Fidelity, Franklin Templeton, and Invesco already active, XRP is positioned to meet this requirement in the near term.

Positive Signals for XRP Investors

The discussion points to a favorable outlook for XRP. ETF availability could attract new investors, enhance liquidity, and facilitate further adoption. Institutional backing from top-tier firms reinforces XRP’s credibility as a long-term investment option.

McClurg’s insights indicate that XRP is gaining recognition from major financial providers. As institutions evaluate new digital asset products, XRP appears poised to benefit from increased exposure and legitimacy. Investors may view this as a strong signal of future growth and mainstream acceptance.

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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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over seven years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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