BlackRock's Larry Fink discussed the potential launch of an XRP ETF during an interview, drawing significant attention from the cryptocurrency community.
Larry Fink's Response to XRP ETF Question
During the interview, Larry Fink, CEO of BlackRock, was asked about the possibility of launching an ETF for XRP. He responded to the direct inquiry about whether the firm was considering such a move, stating, 'I can't,' while smiling. Although the answer was brief and non-committal, the lack of a direct denial has sparked speculation regarding the potential for such a financial product.
Ripple CEO Brad Garlinghouse's Reaction
The video also featured an interview with Ripple CEO Brad Garlinghouse, who was asked if Ripple was in talks with major issuers, like BlackRock, regarding an ETF. He responded, 'Well, I'm not going to comment on that.' Garlinghouse acknowledged that BlackRock had made some public statements on the topic but refrained from providing specifics. His comments indicate that Ripple sees a potential ETF as beneficial for the XRP community.
Social Media Reactions and ETF Interest Context
Following the interview, numerous users on X commented on the possible implications. One user noted the number of non-disclosure agreements Ripple has engaged in over the years, while others expressed optimism about the introduction of a spot XRP ETF. The reactions suggest some in the online community interpret Fink's and Garlinghouse's non-specific answers as signals of ongoing discussions behind the scenes.
While the statements made do not confirm any official steps by either BlackRock or Ripple regarding the launch of an ETF, they continue to fuel interest around XRP's potential role in the investment landscape.
