XRP News Today: BlackRock Eyes XRP ETF Following Ripple Legal Victory Court Ruling Boosts 95 Approval Chance

BlackRock may consider filing for an iShares XRP ETF following the legal resolution between Ripple and the U.S. Securities and Exchange Commission (SEC) on August 8, 2025 [1]. This development has significantly increased the likelihood of an XRP-based exchange-traded fund (ETF) receiving regulatory approval, with analysts estimating a 95% chance of approval for the iShares XRP ETF [1]. The legal clarity provided by the court’s decision has prompted BlackRock to reconsider its position on XRP, which may lead to the filing of an ETF application in the near future [1].

The potential launch of an XRP ETF is not limited to BlackRock alone. Other asset managers, including Grayscale, Bitwise, and 21Shares, have also submitted applications to the SEC for their own XRP ETFs [1]. A total of seven firms are now seeking regulatory approval for XRP ETFs, despite recent delays in the SEC’s review process. Analysts remain optimistic about the prospects for approval, citing the favorable outcome in Ripple’s legal case as a major catalyst [1].

Ripple’s legal victory has had a positive impact on the XRP market, with the token experiencing a 10.7% price increase and a notable surge in trading volume [1]. The ruling has provided much-needed clarity on the regulatory status of XRP, reducing uncertainty among investors and financial institutions. This clarity, in turn, could encourage more institutional adoption and investment in XRP through structured products such as ETFs.

Industry observers believe the potential approval of an XRP ETF would represent a significant step forward for the broader cryptocurrency market. By offering a regulated and easily accessible investment vehicle, XRP ETFs could attract a wider range of investors, including those who are hesitant to engage directly with digital assets [1]. BlackRock’s decision to potentially file for the iShares XRP ETF signals confidence in the asset class and could set a precedent for other major asset managers to follow suit.

Analysts suggest that the approval of an XRP ETF could occur in the second half of the year, assuming no further regulatory hurdles emerge [1]. If approved, the product would be the first XRP-focused ETF from BlackRock and would likely be structured as a physically backed fund. The firm has historically launched ETFs for major cryptocurrencies such as Bitcoin and Ethereum, and the inclusion of XRP would expand its crypto investment offerings [1].

The increased interest in XRP ETFs highlights the growing acceptance of digital assets within traditional financial markets. As more asset managers seek regulatory approval for crypto products, the industry moves closer to mainstream adoption. However, the outcome of each ETF application will ultimately depend on the SEC’s review process and the strength of the proposals submitted by asset managers.

BlackRock’s potential move underscores the importance of legal clarity in the crypto space. By resolving the long-standing legal dispute with the SEC, Ripple has removed a major barrier to the development of XRP-based investment products [1]. This development may also encourage the SEC to expedite its review of pending XRP ETF applications, as the legal precedent now provides a clearer framework for evaluating the token’s regulatory status [1].

Source: [1] BlackRock May Consider Filing for iShares XRP ETF Following Ripple’s Legal Resolution (https://en.coinotag.com/blackrock-may-consider-filing-for-ishares-xrp-etf-following-ripples-legal-resolution/)