BlackRock May Launch iShares XRP ETF Following Ripple-SEC Case Closure

BlackRock may file for an iShares XRP ETF following Ripple's case closure with the SEC. Grayscale, Bitwise, and other firms have also applied for an XRP ETF. Analysts have high approval odds, predicting a launch in the second half of the year.

Ripple's legal victory over the U.S. Securities and Exchange Commission (SEC) has sparked renewed optimism in the XRP community. On August 8, 2025, Ripple and the SEC jointly dismissed all remaining appeals in the case, making Judge Analisa Torres’ 2023 ruling final. This decision clarifies that XRP sales on public exchanges are not securities, but institutional sales remain subject to compliance [1].

The ruling has led to a significant surge in XRP's value. In the past 24 hours, XRP has surged by 11.4%, adding more than $20 billion to its market capitalization. This gain outperformed the broader crypto market’s 2.69% increase. The rally pushed XRP’s valuation to $198 billion, with trading volume spiking by 189% to $11.8 billion [1].

The legal clarity has also fueled speculation about a potential BlackRock XRP ETF. BlackRock, one of the world's largest asset managers, could file for an iShares XRP ETF following the case closure. Other firms, such as Grayscale, Bitwise, and more, have also applied for an XRP ETF, further indicating institutional conviction in XRP's long-term viability [2].

Analysts are predicting high approval odds for a spot XRP ETF. Polymarket, a top crypto prediction platform, now pegs the odds of SEC approval for a spot XRP ETF at 86%. This high confidence level is driven by legal clarity, growing institutional filings, market maturity demonstrated by futures ETFs, and evolving regulatory sentiment [2].

The potential approval of a spot XRP ETF could have significant market implications. Institutional capital may flow into XRP, as seen with Bitcoin and Ethereum ETFs. Liquidity and accessibility would improve, allowing retail investors to gain regulated exposure to XRP via traditional brokerage accounts. Analysts anticipate XRP might rise toward the $20–$27 zone if an ETF is approved, although volatility remains high [2].

Ripple's legal victory and the potential for a BlackRock XRP ETF have re-energized the XRP community and investors. The legal clarity and institutional filings suggest a bright future for XRP, with a potential spot ETF launch in the second half of the year.

References:
[1] https://finbold.com/xrp-adds-20b-in-a-day-as-ripple-v-sec-case-officially-ends/
[2] https://cryptorank.io/news/feed/a3620-xrp-hype-soars-86-bet-on-etf-approval-as-ripple-goes-all-in-for-u-s-bank-status