BlackRock’s proposed XRP ETF is facing criticism for prioritizing institutional control over user-centric accessibility in the cryptocurrency space. While an ETF would offer direct investment access to XRP, its limitations may prioritize profit over expanded utility benefits. BlackSwan Capitalist argues that this approach centralizes control instead of enhancing accessibility. Holding XRP directly enables crucial functions like remittances, staking, and smart contracts—functions excluded by the proposed ETF, which provides solely price exposure. 81% approval odds for an XRP ETF highlight growing institutional interest, but critics emphasize this move may prioritize financial gain over broader cryptocurrency adoption.