Crypto executive Jake Claver believes now may be the ideal time for the world’s largest asset manager, BlackRock, to enter the XRP ETF market.
The Digital Ascension Group CEO shared this view in a tweet on Friday. He argued that the current market climate could create the perfect moment for BlackRock to consider launching an XRP ETF.
His comment comes as investor concerns mount around liquidity risks in the growing private credit market.
Key Points
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Crypto CEO Jake Claver says market stress may make it the perfect time for BlackRock to consider launching an XRP ETF.
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BlackRock capped withdrawals from its $26B credit fund after $1.2B in redemption requests hit the private credit market.
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Rising liquidity fears and a $1.8T private credit market strain are fueling fresh debate about XRP ETF timing.
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Some analysts say tokenizing assets on XRPL could be an even bigger move for BlackRock than an XRP ETF.
BlackRock Faces Redemption Pressure
The discussion follows developments involving BlackRock’s $26 billion HPS Corporate Lending Fund. Specifically, the firm restricted withdrawals after investors requested about $1.2 billion in redemptions. The fund enforced a 5% redemption cap, allowing roughly $620 million in payouts while preventing the rest from being withdrawn.
The move highlights the structural risks within the $1.8 trillion private credit sector. These funds typically hold long-term loans that are difficult to sell, making it difficult to meet large withdrawal requests during periods of market stress.
Similar pressures have surfaced across the industry. Firms such as Blackstone and Blue Owl Capital have also faced heavy redemption demands and implemented liquidity management measures.
Amid the uncertainty, BlackRock shares declined more than 7%. He reflects investor worries about defaults, economic slowdown, and volatility tied to global geopolitical tensions.
XRP ETF Talk Gains Momentum
Claver’s comments sparked discussion among members of the XRP community. Prominent commentator X Finance Bull noted that such a move during a period of market uncertainty would likely attract major attention from investors.
He believes the timing alone could significantly amplify the market’s reaction if the asset manager were to announce an XRP ETF.
Timing like this would definitely get the market’s attention if it ever happened.
— X Finance Bull (@Xfinancebull) March 6, 2026
Industry Leaders Expect BlackRock to Eventually Join
Speculation about a potential XRP ETF from BlackRock has circulated for months. Steven McClurg previously suggested that the firm could file for one toward the end of 2026 or into 2027 once several market conditions align.
Those conditions include sustained demand, strong market capitalization, and deeper institutional participation.
Meanwhile, competition among asset managers is also increasing. Firms including Franklin Templeton, Canary Capital, Bitwise Asset Management, and Grayscale Investments have already launched XRP investment products, collectively attracting $1.24 billion in inflows.
As more financial institutions expand their crypto offerings, BlackRock’s absence from the XRP ETF space has become increasingly noticeable.
Tokenization Could Be the Bigger Story
Meanwhile, some analysts believe an ETF might not even be the firm’s most significant move related to XRP. Commentators Paul Barron and Abdullah Nassif say the firm could instead focus on tokenizing real-world assets on public blockchains like the XRP Ledger.
If stocks, bonds, and other financial assets were issued on XRPL, the impact could be much bigger than launching a single ETF.
This idea has also fueled speculation about deeper links between Ripple and BlackRock as tokenization becomes more important in global finance.
For now, BlackRock has not confirmed plans for an XRP ETF. Still, as institutional interest in blockchain grows, speculation about a possible filing continues.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.