BlackRock XRP ETF Rumors Heat Up: Analysts See Strong Signals

Wall Street's quiet whisper just got louder. BlackRock—the $10 trillion asset manager that moves markets with a memo—may be eyeing an XRP ETF. And the crypto world is leaning in.

Why the buzz? Three smoking guns:

1. Regulatory thaw: After years in purgatory, XRP's legal clarity post-SEC case makes it prime ETF material.

2. Institutional FOMO: Bitcoin and Ethereum ETFs paved the way. TradFi giants won't miss the next liquidity wave.

3. BlackRock's blockchain fingerprints: From Bitcoin ETF dominance to tokenization experiments, they're all-in on infrastructure.

Of course, this being finance, expect denials until the filing drops. Remember when 'we're not interested in crypto' meant 'we're building the largest BTC ETF'?

Bottom line: If Larry Fink starts wearing an XRP lapel pin, buy the rumor.

Is an XRP ETF next after BTC and ETH?

So far, seven asset managers, including Grayscale, 21Shares, Canary Capital, and Bitwise, have filed with the SEC to launch an XRP ETF. All potential issuers submitted their applications earlier this year, aiming to list their respective products.

While the SEC recently delayed its review process on some of the applications, industry expectations for approval are high. Bloomberg analysts James Seyffart and Eric Balchunas have pegged the approval odds at 95%, predicting that regulatory greenlight and subsequent launches will likely come in the second half of the year.

On Polymarket, bettors see an 88% chance of an XRP ETF launching before year-end. The odds are up 16% in the last 24 hours, likely driven by the legal resolution.

Meanwhile, XRP is up 10.7% over the past 24 hours, with trading volume jumping 197% to $11.9 billion. Now trading at $3.31, the price rebound marks a sharp recovery from several days of underperformance, reigniting bullish momentum around the token.