Ripple’s SEC win boosts XRP price and ETF prospects, with experts saying BlackRock may soon file for an XRP ETF.Do you like this personality?
Ripple has scored one of the most long-awaited legal victories against the U.S. Securities and Exchange Commission (SEC).
The case, which has dragged on since 2020, has now been closed. With this resolution, XRP is now officially classified as “not a security” in retail transactions. This means that the door is now open for major financial institutions to move in.
Among those possibly stepping forward is BlackRock, the world’s largest asset manager.
BlackRock XRP ETF Could Be the Next Big Move
The idea of BlackRock filing for an XRP ETF isn’t far-fetched. The company already manages the leading Bitcoin and Ethereum ETFs, including the iShares Bitcoin Trust (IBIT) and iShares Ethereum Trust (ETHA).
According to the president of the ETF Store, Nate Geraci, it makes little sense for BlackRock to ignore other major digital assets like XRP.
“It makes zero sense for them to ignore crypto assets beyond BTC and ETH,” Geraci said on X.
He indicated that BlackRock may have been waiting for the Ripple case to end before launching new crypto products. The recent dismissal of all remaining appeals between Ripple and the SEC may now provide the green light that the market has been seeking.
Yes, I think BlackRock was waiting to see this before filing for iShares XRP ETF…
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
— Nate Geraci (@NateGeraci) August 8, 2025
Not everyone is convinced, though. Bloomberg’s senior ETF analyst Eric Balchunas is sceptical and replied, saying that BlackRock might prefer to stick with just Bitcoin and Ethereum.
He pointed out that BlackRock venturing beyond those assets could bring diminishing returns.
Despite this, the general market trend shows interest in XRP ETFs is growing.
Other Asset Managers Are Already Filing for XRP ETFs
While BlackRock is currently sitting on the sidelines and observing events for now, other asset managers are already taking action. Firms like Bitwise, Grayscale, 21Shares, Canary Capital, Franklin Templeton, WisdomTree and ProShares have all filed to launch XRP ETFs.
This level of interest shows that confidence in XRP is rising, now that its legal uncertainties have been cleared. An ETF backed by BlackRock, however, would offer unmatched credibility.
Meanwhile, XRP ETF approval odds are climbing fast. The market’s response to Ripple’s legal victory has been bullish so far. On Polymarket as well, the odds of an XRP ETF being approved by December shot up to 88%.
Interesting, trades reporting how Polymarket odds of XRP ETF approval went down to 62% after the votes were disclosed showing Crenshaw voting no, but a) she's gonna vote no on EVERYTHING and b) it's meaningless, she's outnumbered = we haven't changed our odds, still at 95%. https://t.co/TamMn8DHVh pic.twitter.com/Ip9G748HrU
— Eric Balchunas (@EricBalchunas) August 7, 2025
These odds had dipped earlier when SEC Commissioner Caroline Crenshaw voted against several crypto-related measures. However, analysts say her vote won’t affect the outcome.
“She’s going to vote no on everything—and she’s outnumbered,” said Balchunas, who still believes there’s a 95% chance of approval.
Why a BlackRock XRP ETF Makes Strategic Sense
A BlackRock XRP ETF would go beyond being just another crypto product. It would be a statement of confidence in XRP’s value over the long term.
For investors, it means more regulated access to XRP exposure, alongside institutional-grade transparency. Finally, the price of the asset itself is likely to skyrocket due to greater demand.
BlackRock’s involvement could also push more conservative institutions to finally consider XRP. This would create a ripple effect throughout the financial sector.
For now, the market seems optimistic, and XRP has once again become one of the most interesting assets to watch.
