Jake Claver Expects BlackRock To File For XRP ETF Amid XRPL Push

Kritika Mehta
Kritika boasts over 4 years of experience in the financial news sector. Currently working as a crypto journalist at Coingape, she has consistently shown a knack for blockchain technology and cryptocurrencies. Kritika combines insightful analysis with a deep understanding of market trends. With a keen interest in technical analysis, she brings a nuanced perspective to her reporting, exploring the intersection of finance, technology, and emerging trends in the crypto space.
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How High Will XRP Price Rally as MVRV Creates Golden Cross?

Highlights

  • Jake Claver is expecting BlackRock to apply for a spot XRP ETF.
  • He also predicted the XRP price to surge massively in the coming years.
  • His comments follow BlackRock's interest in utilizing the XRP Ledger.

Jake Claver, Chairman of Digital Ascension Group, believes that BlackRock is likely to file a XRP ETF. This comes as the asset manager is also looking to integrate the XRP Ledger in its tokenization initiative.

Is BlackRock Close To Filing For An XRP ETF?

In a recent clip of the interview, Claver predicted that XRP would see “significant adoption of the XRPL” in the coming months. Moreover, he expects the price of XRP to go “significantly higher.” Further, analyst Ali Martinez expects a breakout above $1.30.

“I think that we could see a BlackRock ETF,” Claver declared. He added, “And once the price is high enough that they can use it, we have both SWIFT and the DTCC going live with some of their things that they’re rolling out for real-time settlement on the 28th of June.”

Claver noted that XRP may need “a significantly higher price” before being used at scale for settlement-related functions tied to institutional infrastructure.

In the meantime, BlackRock is expanding its crypto ETF product line. Its Bitcoin Premium Income ETF is set to debut on Nasdaq on Tuesday, June 16.

Wall Street Giants Look To Adopt XRPL

Claver’s comments follow a surge of institutional interest in the XRP Ledger and related products. Earlier this year, XRPL Commons director Odelia Torteman announced the increased interest of some of the financial world giants in the XRP Ledger ecosystem.

Torteman emphasized the blockchain’s unique ability to enable cross-asset payments and noted some features tailored for regulated institutions. She mentioned that companies such as Mastercard, BlackRock and Franklin Templeton had showed interest in the XRP Ledger. This move by BlackRock could have spurred the recent remarks from Claver.

Moreover, Torteman said that institutions are beginning to look at tools on XRPL such as the native decentralized exchange and automated market maker.

Additionally, since 2025, several key partnerships with Ripple and XRPL have come into existence. In September, Ripple joined forces with Franklin Templeton and DBS for tokenized lending projects with the RLUSD stablecoin.

Around the same time, Securitize allowed swaps of the BUIDL fund’s shares to be converted to RLUSD. Meanwhile, Mastercard, in November 2025, piloted RLUSD settlements on the XRP Ledger in collaboration with Ripple and Gemini.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Kritika boasts over 4 years of experience in the financial news sector. Currently working as a crypto journalist at Coingape, she has consistently shown a knack for blockchain technology and cryptocurrencies. Kritika combines insightful analysis with a deep understanding of market trends. With a keen interest in technical analysis, she brings a nuanced perspective to her reporting, exploring the intersection of finance, technology, and emerging trends in the crypto space.