Ripple's recent court victory against the SEC paves the way for possible XRP ETF approval. Experts believe major players like BlackRock and Fidelity will soon join the process.
Ripple's Win Clears Path for XRP ETF
Ripple's legal team, led by Stuart Alderoty, managed to reduce the SEC fine from $125 million to $50 million. An injunction against Ripple is also expected to be lifted at the SEC's request. After four years of litigation, experts say the path is now clear for an XRP ETF in the U.S.
Potential Partnership with BlackRock?
In a Bloomberg interview, Ripple CEO Brad Garlinghouse fueled speculation by suggesting a potential partnership with BlackRock, stating it 'makes sense for the XRP community overall.' Many believe asset managers will launch an XRP ETF once regulatory issues are settled.
Increasing Odds of XRP ETF Approval
Polymarket, a decentralized prediction platform, shows an 84% chance of XRP ETF approval in 2025. With experts monitoring XRP’s price, many anticipate a price rise to $3 soon, signaling a promising future for the token.
Given XRP's significant market presence and interest from major financial players like BlackRock and Fidelity, the odds of XRP ETF approval seem plausible. Regardless of how soon the SEC decides, analysts remain optimistic about the future of these financial products.
