|
Getting your Trinity Audio player ready...
|
- Legal dismissal confirms XRP is not a security, clearing ETF regulatory hurdles.
- XRP price and trading volumes surged strongly after the lawsuit resolution.
- BlackRock may diversify crypto ETFs by filing for an XRP ETF soon.
The dismissal of the Ripple lawsuit appeal has cleared a major hurdle for XRP, potentially paving the way for BlackRock to file an XRP ETF. Experts see this legal clarity as a crucial trigger for broadening crypto ETF offerings beyond Bitcoin and Ethereum.
Legal Victory Boosts XRP’s ETF Prospects
Nate Geraci, president of The ETF Store and a recognized ETF expert, recently projected that BlackRock is likely to file for an XRP ETF through its iShares platform. Geraci highlighted that BlackRock had been waiting for regulatory certainty before entering this market. The joint dismissal of all remaining appeals in the Ripple vs. SEC case confirms that XRP is not considered a security in retail transactions — a vital distinction that removes significant legal barriers for ETFs and exchanges.
Yes, I think BlackRock was waiting to see this before filing for iShares XRP ETF…
— Nate Geraci (@NateGeraci) August 8, 2025
I’ll own it if I’m wrong.
IMO, makes *zero* sense for them to ignore crypto assets beyond btc & eth.
Otherwise, they’re basically saying btc & eth are only ones that will ever have value. Bold. pic.twitter.com/FtBqMRFpOl
Market Reacts Strongly to Lawsuit Resolution
Following the legal news, XRP’s market performance surged sharply. CoinMarketCap data shows a 13.27% price increase in 24 hours, significantly outperforming the broader crypto market’s 3.75% gain. South Korean exchanges reported a dramatic 1,211% spike in XRP trading volume. On derivatives platforms like Deribit, traders bought over 100,000 call and put contracts, signaling expectations of heightened volatility ahead. XRP’s market capitalization briefly rose to $22 billion, fueled by net inflows exceeding $42 million.
Also Read: Ripple-SEC Case Ends With $125M Penalty – What It Means for XRP’s Price
Analyst Views and Strategic Implications
While some analysts like Bloomberg’s Eric Balchunas are skeptical about an imminent BlackRock filing—citing diminishing returns beyond Bitcoin and Ethereum—others believe a BlackRock XRP ETF makes strategic sense. Expanding crypto ETF offerings would allow BlackRock to better serve institutional investors seeking diversified digital asset exposure. Ripple itself is accelerating business efforts, recently announcing a $200 million acquisition of Rail to enhance stablecoin infrastructure, reflecting broader confidence in XRP’s future.
The official conclusion of the Ripple lawsuit removes a major regulatory overhang, setting the stage for potential new ETF filings. If BlackRock proceeds with an XRP ETF, it could mark a significant step in the institutional adoption of XRP and the wider crypto market, reinforcing XRP’s legitimacy and investor confidence.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
