There is no longer legal or regulatory uncertainty around XRP in the United States, a trend making it more likely to be a component of BlackRock’s portfolio.
Some speculate that popular asset management firm BlackRock may already have XRP in its crypto asset portfolio.
Vandell Aljarrah, the co-founder of Black Swan Capitalist and a recognized figure in the crypto industry, made this bold claim. He also highlighted XLM and HBAR as part of the firm’s crypto holdings.
BlackRock’s History of Being Proactive With Crypto
No official confirmation has been issued to substantiate Aljarrah’s claim that BlackRock holds XRP, XLM, and HBAR.
BlackRock already owns XRP, XLM & HBAR.
No official word, but anyone familiar with their playbook knows they’re always steps ahead, locking in the most undervalued assets with serious long-term upside before the crowd catches on.
You’ll hear about it soon.
— Vandell | Black Swan Capitalist (@vandell33) April 13, 2025
He insists that the supposed move aligns with the spot crypto issuer’s history of being proactive about undervalued assets believed to have long-term potential.
“Anyone familiar with their playbook knows they’re always steps ahead,” Aljarrah wrote on X, implying that BlackRock already took secured positions in these assets before even disclosing it to the public. In addition, he stated that “You’ll hear about it soon.”
If Aljarrah’s claim is true, XRP and the other listed tokens may record a milestone. To put this in perspective, BlackRock is generally recognized as a reputable firm with stellar performance.
Its reputation could boost the credibility and positions of these cryptocurrencies. It could also draw more interest from Traditional Finance (TradFi) firms, possibly pushing the coin, XLM, and HBAR to fresh all-time highs (ATH).
XRP to Benefit From BlackRock’s Reputation
Of all three tokens, the coin’s positioning seems to be more developed, judging by its multiple use cases, which include cross-border settlements and liquidity management.
It is also the most institutionally integrated of all three. The Ripple-associated token may also benefit more if BlackRock holds it, especially now that the blockchain payment firm can sell XRP to institutions.
On one hand, there is still ongoing speculation about BlackRock launching a spot XRP ETF, like it did with Bitcoin (BTC) and Ethereum (ETH). Ripple CEO Brad Garlinghouse was once asked if they are collaborating with BlackRock to launch an XRP ETF in the United States. He did not explicitly answer the question, nor did he deny it.
However, Garlinghouse responded by saying, “We think it makes sense for the XRP community overall.”
Accumulating XRP, like Aljarrah claimed, may be BlackRock’s way of preparing for the launch of a spot XRP ETF.
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