๐ฃ BlackRock XRP ETF Buzz Returns as Price Hype Builds ๐
Jake Claver revives BlackRock XRP ETF talk. Ties bullish case to XRPL adoption + SWIFT/DTCC real-time settlement prep ๐
๐ฃ๏ธ Claverโs ETF + Adoption Thesis
โถ๏ธ Whoโs talking Jake Claver โ Chairman Digital Ascension Group, Founder Digital Wealth Partners, manages Syndicately SPV platform ๐ผ
โถ๏ธ The quote โI think that we could see a Blackrock ETFโ โ June 15 on Deep Dive Podcast w/ Rachel Wolfson ๐๏ธ
โถ๏ธ Beyond ETF Bull case = XRPL adoption, tokenization, institutional settlement infra. Not just about new product ๐
โถ๏ธ Price needs to rise Says XRP may need "significantly higher price" within weeks for institutions to use it for settlement ๐ต
๐ฆ SWIFT + DTCC Catalyst?
โถ๏ธ June 28 watch Claver: SWIFT + DTCC prepping real-time settlement initiatives ๐
โถ๏ธ Urgency angle Institutional XRP use for settlement = price must climb first to handle volume โก
๐ BlackRock ETF History
โถ๏ธ Past speculation Nate Geraci of Novadius Wealth said he expected BlackRock to file for spot XRP ETF ๐
โถ๏ธ BlackRock response Firm said "no plans to file" at the time, despite market chatter ๐ซ
โถ๏ธ Current lineup BlackRock runs iShares Bitcoin Trust (IBIT) + iShares Ethereum Trust (ETHA) only ๐๏ธ
๐ฏ Bottom Line
ETF speculation + XRPL utility narrative = renewed XRP buzz. Claver links price surge to June 28 SWIFT/DTCC moves. BlackRock still denies plans, but market watches. No filing yet ๐งญ
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