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.
Also Read: Ripple Launches 100 Million XRP Rewards Program! Fact Check
