Bitget App
Trade smarter
MarketsTradeFuturesEarnSquareMore
BlackRock XRP ETF Speculation Grows as Canary XRPC ETF Breaks Records

BlackRock XRP ETF Speculation Grows as Canary XRPC ETF Breaks Records

Coinpedia2025/11/16 21:39
By:Coinpedia
Story Highlights

Speculation about a possible BlackRock XRP ETF is rising again after the Canary XRPC ETF delivered one of the strongest ETF launches of the year. The new fund generated more than 58 million dollars in first-day volume and 245 million dollars in net inflows, outperforming hundreds of other ETF debuts in 2025.

Advertisement

Interest in BlackRock resurged after analyst Jake Claver referenced the unusual iShares XRP Trust filing that briefly appeared on the Delaware Corporation Commission website in November 2023. Although BlackRock denied submitting the document and state officials later treated it as a potential fraudulent filing, the event left a lasting impression in the XRP community. Many supporters still believe BlackRock may have experimented with or tested the idea of an XRP trust.

The strong launch of the Canary XRPC ETF has renewed optimism around institutional demand for XRP . The funds’ first-day volume surpassed the debut of several major crypto ETFs, including top Solana products. Industry analysts who expected moderate interest were surprised by the level of institutional participation. 

  • Also Read :
  •   9 XRP ETFs to Launch in 10 Days, Franklin Templeton Leads Next Week’s Rollout
  •   ,

Ripple CEO Brad Garlinghouse added to the momentum during the company’s Swell event , explaining that Ripple continues to work closely with traditional financial firms to bring digital assets into regulated markets.

With ETF inflows rising and XRP gaining more visibility among institutions, many investors believe it is only a matter of time before a firm like BlackRock considers entering the space. Whether that happens soon remains to be seen, but the growing demand suggests the discussion is far from over.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

Bitcoin drops 1.42% as realized losses and a death cross pattern indicate bearish momentum

- Bitcoin fell 1.42% to $93,899.82 on Nov 16, 2025, marking its eighth consecutive weekly loss with an 8.54% decline. - On-chain data showed $722M in realized losses, while a "death cross" technical signal highlighted bearish pressure amid fragile market conditions. - Bitcoin's market dominance rose to 59.2%, reflecting broader crypto weakness as 75% of coins dropped, though institutional buyers like MicroStrategy continued accumulating BTC.

Bitget-RWA2025/11/16 23:38