The speculation surrounding a potential BlackRock XRP ETF has surged to new heights. This surge is a direct consequence of the astonishing market debut of the Canary XRPC ETF. Canary XRP ETF’s launch has painted a clear picture of robust institutional and retail demand for a regulated XRP investment product.
Furthermore, the altcoin is still early in the rollout, and more XRP ETFs are scheduled to begin trading. Each new product will increase exposure, volume, and demand. This is how true institutional adoption is slowly progressing. BlackRock has stated that the company is not launching an XRP ETF right now, but this isn’t something they would ignore forever.
