$X
Cooling DownSnapshot Window: 2026-09-01 05:30 UTC ยท โ Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 4, Retweets: 1, Likes: 12, Impressions: 991
Verbatim Community Citations & Social Evidence 1 source posts analyzed
BlackRock could play catch up on the XRP ETF race if they go live and start taking in huge in-kind redemptions like they have with Bitcoin so far.
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AI visual note: A text excerpt states that BlackRock's IBIT Bitcoin ETF has processed more than $5 billion in in-kind Bitcoin-to-ETF conversions as of late August 2026, up from $3 billion in October 2025, according to Robbie Mitchnick, BlackRock's head of digital assets. The passage explains that these in-kind creations involve BTC holders (often whales or family offices) delivering bitcoin directly to the trust for IBIT shares, supporting the post's point about BlackRock potentially applying similar large-scale in-kind mechanisms to an XRP ETF.