• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

XRP in Anticipation of ETF: BlackRock's Influence and Market Expectations

user avatar

by Giorgi Kostiuk

4 hours ago


XRP finds new interest thanks to BlackRock's push for ETF approval. This development could change the financial landscape for Ripple and the entire cryptocurrency market.

Ripple and SEC Situation

Ripple Labs, led by CEO Brad Garlinghouse, recently reached a $50 million settlement with the SEC. This event marks an important milestone for the company and opens opportunities for re-engagement with institutional partners, focusing on the real utility of XRP. Garlinghouse stated:

> "The settlement with the SEC marks a pivotal milestone for both Ripple and XRP. We’re now able to re-engage with institutional partners and focus on real-world utility."

BlackRock's Impact on XRP Market

With BlackRock's push for a spot XRP ETF, an increase in institutional interest in the token is anticipated. If the ETF is approved, increased demand is expected to raise liquidity, similar to the impacts seen with Bitcoin and Ethereum ETFs. Analyst opinions reflect optimism regarding the potential for further altcoin inclusions in ETFs.

Decisions on upcoming altcoin ETFs—possibly including XRP and SOL—could closely follow the Bitcoin and Ethereum ETF roadmap.Nate Geraci

ETF Prospects for XRP

Analysts speculate that the inclusion of XRP in an ETF could trigger a significant bullish trend, reminiscent of the previous bullish impacts driven by BTC and ETH ETFs. If BlackRock succeeds in its ETF filings, Ripple might unlock greater opportunities for institutional investors, leading to substantial capital inflows and mainstream recognition.

BlackRock's success in getting ETF approval for XRP could redefine the token's status in financial markets, making it more accessible and recognized among institutional investors.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Return of Funds by GMX Hacker Who Took $40 Million

chest

The hacker who stole $40 million from GMX has begun returning the funds following a message from the exchange team offering a bounty.

user avatarGiorgi Kostiuk

Bitcoin and NEAR: A Success Story in the Crypto Market

chest

Bitcoin reached a record at $118K, Ethereum is also rising. NEAR is forming a bullish pattern that could lead to an increase in its value.

user avatarGiorgi Kostiuk

Bitcoin ($BTC) Sets New ATH at $118,670, Ethereum ($ETH) Surges Above $3,000

chest

Bitcoin and Ethereum show significant growth amid institutional investments in the cryptocurrency market.

user avatarGiorgi Kostiuk

Launch of Sharia Earn by Binance: A New Halal Investment Platform

chest

Binance has introduced Sharia Earn, the first halal staking platform compliant with Islamic financial principles.

user avatarGiorgi Kostiuk

GMX Hacker Begins to Return Stolen Funds

chest

The GMX hacker promised to return the funds and started with FRAX tokens following the team's reward proposal.

user avatarGiorgi Kostiuk

First Trust Acquires Shares of Freedom Holding Corp.

chest

First Trust Financials AlphaDEX increases its stake in Freedom Holding Corp. to 1.22%. CEO Timur Turlov comments on this move.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.