Jake Claver, chairman of Digital Ascension Group, suggested during a June 15 interview with Deep Dive Podcast that Blackrock could eventually launch an XRP ETF. Claver tied his view to broader XRPL adoption, tokenization, and institutional settlement infrastructure developments, arguing that wider institutional use of XRP could require a significantly higher price. The comments come amid ongoing discussion around digital asset investment products and institutional infrastructure, following Blackrock's prior clarification that it had no plans to file for an XRP ETF at the time.
Claver Discusses XRP ETF Potential and Settlement Infrastructure in June 15 Interview
Claver made the remarks during a June 15 interview with Deep Dive Podcast host Rachel Wolfson. Claver also founded Digital Wealth Partners, manages Syndicately's SPV investment platform, and works with high and ultra-high net worth families navigating digital asset investments.
Emphasizing his bullishness on XRP, he predicted: "I think that we could see a Blackrock ETF."
The ETF remark was only one part of his broader XRP thesis. Claver tied that view to XRPL adoption, tokenization, and institutional settlement infrastructure. His comments framed XRP as a candidate for deeper use in financial markets, not only as an asset that could benefit from a new investment product.
Claver said the Society for Worldwide Interbank Financial Telecommunication (SWIFT) and the Depository Trust & Clearing Corporation (DTCC) were preparing initiatives related to real-time settlement for June 28.
The executive argued that wider institutional use of XRP could require a significantly higher price before the asset is used in that capacity. He concluded on June 15: "Within the next couple of weeks, I think that we may need to see a significantly higher price for XRP in order for them to actually start using it in that capacity."
Blackrock Previously Clarified No XRP ETF Plans
The remarks follow earlier market discussion involving Blackrock and a potential XRP ETF. Nate Geraci, president of Novadius Wealth Management and co-founder of The ETF Institute, previously said he expected Blackrock to file for a spot XRP ETF, arguing that the asset manager would eventually expand beyond bitcoin and ether products.
That speculation later met a direct clarification. Blackrock said it had no plans to file for an XRP ETF at the time, even as traders continued to monitor approval odds and developments across the broader spot crypto ETF market.
Blackrock, the world's largest asset manager, currently offers the Ishares Bitcoin Trust (IBIT) and the Ishares Ethereum Trust (ETHA), giving it exposure to the two largest cryptocurrencies through spot ETF products.
FAQ
What did Jake Claver say about a Blackrock XRP ETF on June 15?
Jake Claver, chairman of Digital Ascension Group, stated during a June 15 interview with Deep Dive Podcast that he thinks "we could see a Blackrock ETF" for XRP. He tied this view to broader XRPL adoption, tokenization, and institutional settlement infrastructure developments.
Has Blackrock announced plans to file for an XRP ETF?
No. Blackrock previously clarified that it had no plans to file for an XRP ETF at the time, despite earlier speculation from market participants. The company currently offers spot ETF products for Bitcoin (IBIT) and Ethereum (ETHA).
What settlement infrastructure developments did Claver mention?
Claver said the Society for Worldwide Interbank Financial Telecommunication (SWIFT) and the Depository Trust & Clearing Corporation (DTCC) were preparing initiatives related to real-time settlement for June 28. He argued that wider institutional use of XRP could require a significantly higher price before the asset is used in that capacity.
