Fact Check: Did BlackRock Discuss an XRP ETF With the SEC?
Many took this as a hint toward something big brewing, especially since the meeting happened behind closed doors.
A viral tweet this week claimed that BlackRock met with the SEC’s Crypto Task Force to talk about its existing crypto ETFs and the potential launch of a spot XRP ETF.
The tweet , posted by an X user named Amelie, who has around 99,000 followers, said: “BREAKING: BLACKROCK MET WITH THE SEC CRYPTO TASK FORCE THIS WEEK TO DISCUSS THE FIRM’S EXISTING CRYPTO ETF’S THE POSSIBILITY OF ENABLING IN-KIND REDEMPTIONS CREATIONS FOR THEM IN THE FUTURE! BUCKLE UP, FOLKS – GET READY FOR THE BLACKROCK #XRP SPOT ETF FILING!”
The post also included a document titled “BlackRock – SEC Crypto Task Force Meeting Agenda,” listing top BlackRock executives who reportedly attended, such as Benjamin Tecmire, Robert Mitchnick, and Joseph Chalom. It quickly caught fire across the crypto community, fueling speculation that a spot XRP ETF might actually be on the table.
The document talked about discussions related to the existing ETP cash model and future possibilities of in-kind creations and redemptions. Many took this as a hint toward something big brewing, especially since the meeting happened behind closed doors.
With XRP holders already hoping for mainstream adoption, the tweet led to a wave of excitement. People started believing that BlackRock could be preparing to file for an XRP ETF, just like it did for Bitcoin and Ethereum ETFs.
But let’s set the record straight.
Yes, the meeting between BlackRock and the SEC did happen , and the agenda document is real. However, there is no mention of XRP in the meeting agenda. Multiple sources familiar with the matter have confirmed that the meeting was only about operational discussions tied to existing crypto ETFs — especially on how in-kind models could work in the future.
There was no discussion about XRP, no plans for an ETF filing, and no indication from the SEC that such a product is even being considered. The viral tweet appears to be more rooted in speculation and community hopes than in any actual developments.
So, while the buzz is completely understandable, nothing from the meeting suggests that an XRP ETF is on the horizon. As things stand, BlackRock hasn’t made any move toward filing one, and the SEC hasn’t brought it up, either.
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
Hackers are targeting Australia’s largest pension funds
Share link:In this post: Hackers targeted major Australian superannuation funds, stealing $500,000 from a few accounts and exposing personal data. Authorities and financial institutions are responding to the breach, urging members to check accounts and update passwords. Credential stuffing using stolen passwords is suspected in the attacks, prompting warnings to use unique logins and enable multifactor authentication.
Meta to end third-party fact-checking in U.S. on April 7
Share link:In this post: Meta will shut down its U.S. third-party fact-checking program on April 7, 2025, ending partnerships with groups like PolitiFact. It will be replaced by Community Notes, a system that lets users add context to posts without triggering penalties. Zuckerberg criticized the old system as biased and overly censorious, and said the change aims to support free speech. Meta is also relocating its moderation teams to Texas, a move some experts say is politically motivated.
Crypto Today: Altcoins Find New Buyers as Microsoft, Apple and Nvidia Lose $1 Trillion in 3 Days
Trending news
MoreCrypto prices
More
