Canary CEO predicts that BlackRock may launch an XRP ETF by the end of 2026.

CoinNetwork · 2026-02-25T12:17:40+00:00

The XRP ETF market has been approved by the SEC, with six products totaling over $1 billion in assets. Canary Capital CEO states that BlackRock may apply for a listing by the end of 2026, requiring existing ETF assets to increase to $3 billion to demonstrate market demand. XRP trading price is $1.34, down 8% over the past week.

CoinNetwork

2026-02-25 12:17:40

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The XRP ETF market has received approval from the U.S. Securities and Exchange Commission (SEC), with six products currently managing over $1 billion in assets. Canary Capital CEO Steven McClurg stated that if market trends continue, BlackRock, which has previously been absent from the XRP ETF market, may submit a listing application by the end of 2026 or early 2027. He noted that BlackRock might need existing ETF assets to grow to $3 billion to demonstrate strong market demand or in response to applications from competitors or clear institutional client interest. BlackRock uses Ripple’s stablecoin RLUSD in its BUIDL fund, indicating familiarity with the XRP ecosystem. XRP is trading at $1.34, down 8% over the past week.

XRP-1.04%

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