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XRP’s Make-or-Break May: Why Traders Are Glued to May 1 and June 9

XRP’s Make-or-Break May: Why Traders Are Glued to May 1 and June 9

Author:
Coingape
Published:
2025-04-29 04:47:08
6
1

Two dates loom large for XRP holders—and no, it’s not another ’to the moon’ meme. May 1 kicks off a critical legal filing window in Ripple’s endless SEC saga, while June 9 marks the next court-mandated disclosure deadline. Cue the usual circus of speculation.

Between these dates? A volatility buffet for day traders and enough hopium to fuel a thousand Telegram groups. Just remember: in crypto, ’landmark dates’ often deliver more hype than price action—ask any Bitcoin ETF ’game-changer’ bagholder.

Ripple News

While several financial firms are racing to launch an XRP exchange-traded fund (ETF), the biggest name in the room—BlackRock—is staying quiet. Despite 15 XRP ETF filings from firms like Grayscale, Bitwise, and even Canary Capital, BlackRock has made no move. But their silence may be more strategic than it seems.

An expert’s conversation with a BlackRock insider revealed two dates to watch: May 1 and June 9. The reason behind these dates remains under wraps, but there’s growing speculation that something major could be brewing.

Why Is BlackRock Holding Back?

BlackRock’s hesitation isn’t because they dislike XRP. According to industry whispers, it’s all about timing and leverage. By staying out of the current rush for XRP ETFs, BlackRock avoids the risk of rejection from the SEC. If others get denied, they escape the headlines. If approval comes later, they can jump in—well-prepared and with full force.

Some analysts suggest this is also a negotiation tactic. Behind the scenes, BlackRock could be pressuring Ripple—the company behind XRP—to strengthen its partnerships, improve institutional demand, and build strong custody solutions. That way, when BlackRock finally enters the game, they’re stepping into a market that’s ready for prime time.

What If the SEC Clears XRP?

If the SEC officially declares XRP a non-security, it could be a game-changer. Liquidity would surge, institutions could jump in without fear, and demand for an XRP ETF could skyrocket. And if that moment comes, BlackRock would be perfectly positioned to enter with a trusted product—perhaps even dominating the space.

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