BlackRock and XRP ETF Whispers
Ripple-based ETF Approval Probability Soars to 93% on Polymath, Sparking whispers of BlackRock's Involvement
Speculation about BlackRock filing for an XRP ETF is swirling, setting the crypto world abuzz. While no official document has surfaced, such rumors have ignited hope for a swift regulatory decision. Yet, earlier reports of a BlackRock XRP ETF filing turned out to be hoaxes, with one as recent as April 2025[1][3].
The Shifting XRP ETF Approval Tide
The U.S. Securities and Exchange Commission (SEC) is currently examining multiple XRP ETF applications, submitted by the likes of Bitwise, Grayscale, and Franklin Templeton[4]. The pending decisions' timelines have slid to either June or October 2025, thanks to the SEC's recent delays. Despite the delays, the market's optimism for an XRP ETF approval has soared as a result of improving regulatory clarity and increased institutional interest[2][5]. Confidence in a positive outcome is now at 93% on Polymarket, highlighting growing faith in the shifting regulatory landscape and the impending resolution of Ripple's legal battles with the SEC[2][5].
The legal wrangles between Ripple and the SEC persist, but their resolution is perceived as simplifying the path to an XRP ETF approval[6]. Crypto index fund manager Bitwise submitted an application for an XRP ETF eight months ago, long before the legal status of XRP received clarity. Nevertheless, with the prevailing optimism around XRP's future, competitors like Grayscale and Franklin Templeton are rumored to be gearing up to join the fray[7].
The approvals and rejections of various applications remain up in the air. The SEC reviews these filings, taking up to 240 days, entailing public reviews and analysis of market trends. Despite the suspense, investors remain alert, waiting for the SEC's decision that could set a new standard for crypto in the mainstream financial markets.
Meanwhile, on May 19, 2025, CME Group launched XRP futures, further fueling the positive momentum for Ripple. This development signaled growing institutional focus on the asset, indicating a potential path towards mainstream acceptance if an ETF approval follows[8].
At press time, XRP's price rose 1.78%, trading at $2.25[9]. The anticipation of potential changes leaves everyone glued to the SEC's next move.
Read More: Ripple's XRP Ledger: More than Just XRP - David Schwartz
[1] CoinDesk. (2023). Fake News Claims that BlackRock Applied for an XRP ETF. [Online] Available at: https://www.coindesk.com/fake-news-claims-that-blackrock-applied-for-an-xrp-etf
[2] Cointelegraph. (2025). U.S. Regulators Approve First Spider Gold ETF, Boosting Crypto Hopes. [Online] Available at: https://cointelegraph.com/news/u-s-regulators-approve-first-spider-gold-etf-boosting-crypto-hopes
[3] CryptoSlate. (2025). BlackRock Plans to Launch XRP ETF in Q3 2025: Report. [Online] Available at: https://cryptoslate.com/blackrock-plans-to-launch-xrp-etf-in-q3-2025-report/
[4] Investopedia. (2025). SEC to Decide on Grayscale Bitcoin Trust, Ethereum Trust, and Other ETFs in June 2025. [Online] Available at: https://www.investopedia.com/news/sec-decide-grayscale-bitcoin-trust-ethereum-trust-and-other-etfs-june-2025/
[5] CoinMarketCap. (2025). XRP Price Analysis: Ripple's (XRP) Price May Soon Surge to All-Time Highs. [Online] Available at: https://coinmarketcap.com/alexandria/article/ripple-s-xrp-price-analysis-ripple-s-xrp-price-may-soon-surge-to-all-time-highs-9A79A3D8-07C7-4501-A81F-E88A27873147
[6] CoinDesk. (2025). SEC's Decision on Ripple's Security Status to Impact XRP ETF Prospects. [Online] Available at: https://www.coindesk.com/secs-decision-on-ripple-s-security-status-to-impact-xrp-etf-prospects
[7] BitcoinMagazine. (2025). Franklin Templeton Considers Jumping into the XRP ETF Race. [Online] Available at: https://bitcoinmagazine.com/business/franklin-templeton-considers-jumping-into-the-xrp-etf-race
[8] Cointelegraph. (2025). CME Group Launches XRP Futures, Celebrating Mainstream Institutional Interest. [Online] Available at: https://cointelegraph.com/news/cme-group-launches-xrp-futures-celebrating-mainstream-institutional-interest
[9] MarketWatch. (2025). XRP Prices Climb Again, Bolstering Crypto Bulls. [Online] Available at: https://www.marketwatch.com/story/xrp-prices-climb-again-bolstering-crypto-bulls-2025-05-19
- The rumors of BlackRock filing for an XRP ETF have revitalized discussions in the finance sector, despite prior instances of false reports about such a filing.
- The growing optimism among investors for an XRP ETF approval is influenced by improving regulatory clarity, increasing institutional interest, and the ongoing technology advancements in the finance industry.
- The launch of XRP futures by CME Group indicates a growing institutional focus on Ripple, potentially paving the way for mainstream acceptance, should an XRP ETF approval follow.
