As of August 2025, BlackRock Inc. did not file an ETF application for XRP following Ripple's legal victory, instead prioritizing Bitcoin and Ethereum.
BlackRock's Current Priorities
BlackRock Inc. confirms the absence of any plans to file for an XRP exchange-traded fund after Ripple's legal win. The company remains focused on Bitcoin and Ethereum ETFs, as stated by a BlackRock spokesperson:
> BlackRock Inc. (NYSE: BLK) has no immediate plans to file for a spot Solana (SOL) or XRP exchange-traded funds (ETFs). — BlackRock spokesperson, August 9, 2025.
Ripple's Legal Victory and Market Impact
The resolution of Ripple's lawsuit significantly impacted the market, with XRP experiencing a 10–11% price increase and a surge in trading volumes. The broader market also reacted keenly to this development.
Expert analysis suggests that BlackRock may be waiting for a more favorable regulatory framework before pursuing an XRP ETF. Institutional flows favor competitors who have already filed ETF applications.
Future Prospects for XRP
The potential for future financial gains in XRP persists as market analysts project possible strong returns if an ETF is launched. Investor interest remains high amid these speculative discussions.
Historical trends show that altcoin ETFs, particularly for Ripple, could lead to significant market impacts. Analysts highlight a 10X price potential if market conditions align positively with ETF launches.
While BlackRock prioritizes Bitcoin and Ethereum ETFs, XRP awaits its turn for a potential future ETF launch amidst growing investor interest.
