XRP News: Expert Predicts Approval of Spot XRP ETF with Possible Involvement of BlackRock and Fidelity

In a recent development, an expert in the financial industry has expressed Optimism about the approval of a spot XRP exchange-traded fund (ETF) in the United States. Read on to find out more about this prediction and the potential involvement of major asset managers.

Expert Expects BlackRock to Join Spot XRP ETF Race

Nate Geraci, President of The ETF Store and host of ETF Prime, renewed his confidence in a future spot XRP exchange-traded fund (ETF) in the United States. He stated that with the Ripple lawsuit coming to an end, the approval of a spot XRP ETF is simply a matter of time. Geraci expects major asset managers such as BlackRock and Fidelity to be involved, noting that XRP is currently the third largest non-stablecoin crypto asset by market cap. He had previously forecast a spot ETF filing by BlackRock in mid-March and reiterated that major asset managers will seek to tap into top altcoins beyond Bitcoin and Ethereum.

Ripple: How High Will XRP Surge In April 2025?

The final week of March 2025 saw a 7.25% uptick in Ripple’s XRP. This positive trend coincides with the conclusion of Ripple’s legal battle with the Securities and Exchange Commission (SEC). Ripple has confirmed it will not continue its cross-appeal against the SEC, and Stuart Alderoty, Ripple’s chief legal officer, stated that the SEC will refund $125 million to Ripple, while Ripple will retain $50 million of the initial penalties imposed by Judge Analisa Torres. The agency will also request the withdrawal of an order imposed on Ripple in August 2024. As XRP enters a new month, the community eagerly anticipates its performance.

Ripple Reaches $50M SEC Settlement

Ripple Labs has reached a settlement with the SEC, ending their prolonged legal battle. As part of the agreement, Ripple will pay a $50 million penalty and withdraw its cross-appeal. The SEC will retain $50 million of the original $125 million penalty, with the remaining amount returned to Ripple. The resolution marks a key moment in the broader regulatory discussion surrounding digital assets.

Cryptocurrency: 3 Coins Capable Of Making The US A Crypto Powerhouse

The cryptocurrency market is thriving, thanks to President Donald Trump’s leadership prioritizing the cryptocurrency domain. Trump has sought aggressive yet strategic ways to bolster the US economy using tariffs and crypto. One of the major coins capable of making the US a leading power in the cryptocurrency dominion is Ripple (XRP). XRP has fought its own legal battles, delivering the token a feisty spirit. It has often been sought as a great alternative to the SWIFT system, capable of revolutionizing financial transactions.