XRP News Today: BlackRock May Pursue XRP ETF After SEC Legal Case Closure

Recent developments surrounding BlackRock’s potential interest in an XRP ETF have sparked widespread speculation within the cryptocurrency community. The momentum appears to be fueled by the recent conclusion of Ripple’s long-standing legal battle with the U.S. Securities and Exchange Commission (SEC). On August 7, 2025, Ripple and the SEC filed a joint motion to dismiss their appeals, effectively bringing to a close a case that had begun in late 2020. This legal resolution, particularly the earlier 2023 court ruling that XRP is not a security in secondary market sales, has significantly reduced the regulatory uncertainty surrounding the asset [1].

Industry experts and influential figures have since amplified speculation about institutional interest in XRP. Nate Geraci, President of The ETF Store, shared his perspective on X, suggesting that BlackRock may have been waiting for the legal outcome before pursuing an iShares XRP ETF. “Yes, I think BlackRock was waiting to see this before filing for iShares XRP ETF… I’ll own it if I’m wrong,” Geraci wrote. He further emphasized that it would make “zero sense” for BlackRock to limit its focus solely to Bitcoin and Ethereum, as that would imply those are the only crypto assets with enduring value—an outlook he described as “bold” [1].

Meanwhile, prominent crypto influencer Elio contributed to the growing hype by posting, “Just in: BlackRock might apply for an XRP ETF as soon as next week.” While Elio did not back up his claim with additional sources, the timing—immediately following the dismissal of the Ripple vs. SEC case—generated considerable attention from the XRP community. Though unverified, his statement has added to the broader narrative that institutional investors are now more willing to explore XRP as a viable asset [1].

Despite these developments, there has been no official confirmation from BlackRock regarding its intentions, nor has the SEC been approached with a formal filing for an XRP ETF. However, considering BlackRock’s previous success with Bitcoin and Ethereum ETFs, many observers believe the firm is well-positioned—and likely—to expand its offerings into other major crypto assets [1].

The market’s reaction has been swift and enthusiastic. Social media platforms have been flooded with discussions and analysis from retail and institutional investors alike, reflecting the heightened interest in the potential for a regulated XRP investment vehicle. The legal clarity provided by the court’s final decision is seen as a critical milestone, removing a major barrier to institutional adoption and paving the way for more mainstream financial products involving XRP [1].

As the situation unfolds, the focus remains on whether BlackRock will take the next step and file for an ETF. While Geraci and Elio’s statements are speculative, they have undeniably influenced the market’s expectations. With regulatory uncertainty behind it and growing investor interest, XRP now faces a pivotal moment in its journey toward broader institutional acceptance.

Sources:

[1] BlackRock’s Interest In XRP ETF Goes Viral. Here’s the Latest, (https://coinmarketcap.com/community/articles/6895faa0e21b950c870dd338/)