Digital Ascension Group chairman Jake Claver said on June 15 that BlackRock may eventually file an exchange‑traded fund (ETF) focused on XRP, reigniting speculation about institutional demand for the crypto token.
Claver’s Investment Thesis
During a Deep Dive Podcast interview hosted by Rachel Wolfson, Claver highlighted his experience founding Digital Wealth Partners, overseeing Syndicately’s SPV platform, and advising high‑net‑worth families on crypto investments. He emphasized that XRP’s prospects extend beyond a potential ETF, linking the token’s future to broader XRPL adoption and tokenization trends. Investors, he argued, should view XRP as a candidate for deeper integration into financial markets rather than merely a speculative asset.
Institutional Settlement Momentum
Claver noted that the Society for Worldwide Interbank Financial Telecommunication (SWIFT) and the Depository Trust & Clearing Corporation (DTCC) are preparing real‑time settlement initiatives slated for June 28, signaling heightened interest in blockchain‑based settlement solutions. He warned that widespread institutional use of XRP could drive the token’s price upward before it becomes a standard settlement instrument. The market’s response to these developments may shape how investors allocate capital across the crypto ecosystem.