XRP News Today: BlackRock's Tokenized Assets Speech Ignites XRP ETF Hype

Ripple has confirmed that BlackRock’s Director of Digital Assets, Maxwell Stein, will attend and speak at its Swell 2025 Conference, scheduled for November 4–5 in New York City. This announcement has generated speculation about potential institutional developments, particularly around the possibility of an XRP exchange-traded fund (ETF), although BlackRock has officially stated it has no immediate plans for such a product at this time [1]. The event will bring together over 600 attendees and feature more than 60 speakers from prominent financial institutions and crypto industry leaders. Stein’s session will focus on how tokenized financial assets are reshaping capital markets, with no direct mention of XRP ETFs on the official agenda [2].

The broader market remains in anticipation of a potential XRP ETF, with several firms including Grayscale and Bitwise having already submitted applications to the U.S. Securities and Exchange Commission (SEC). As of August 2025, 92 crypto ETF applications were pending approval, with XRP and Solana among the most frequently referenced assets [3]. Bloomberg ETF Analyst James Seyffart has estimated a 95% probability of XRP ETF approval in 2025, noting that the SEC faces a deadline for several applications by October of the same year [4].

Despite these optimistic projections, skepticism persists among some analysts regarding XRP’s ability to attract institutional interest. AdrianoFeria.eth, a prominent crypto commentator, has warned that an XRP ETF could mark the beginning of the end for the asset, citing the lack of a compelling narrative compared to assets like Bitcoin and Ethereum. Others, however, remain bullish. Steven McClurg of Canary Capital has predicted that an XRP ETF could generate $5 billion in inflows within its first month, potentially outperforming Ethereum in the financial services space [5].

BlackRock’s involvement in the event adds an institutional dimension to the ongoing XRP narrative. While the firm has publicly maintained that it has no immediate plans to launch an XRP ETF, its participation in the Swell 2025 agenda suggests an interest in engaging with the evolving crypto landscape. The company already manages Bitcoin and Ethereum ETFs and has positioned itself as a key player in the digital asset space. Ripple CEO Brad Garlinghouse has previously expressed support for an XRP ETF, believing it would benefit the broader community [6]. However, BlackRock CEO Larry Fink has not indicated any such intent, despite repeated questions from the crypto community.

The Ripple Swell 2025 conference will feature a broad range of topics, including cross-border payments, stablecoins, regulatory developments, and the role of tokenized assets in capital markets. Alongside Stein, notable speakers include Ripple’s co-founder Chris Larsen, Nasdaq Chair Adena Friedman, and OKX CIO Jason Lau. The event will also include discussions on digital asset adoption and the broader implications for U.S. financial leadership in the crypto sector [7].

While the absence of a concrete XRP ETF announcement at Swell 2025 does not rule out future developments, it does highlight the cautious approach taken by major financial institutions. The resolution of Ripple’s long-standing legal battle with the SEC has removed one major barrier, yet institutional adoption remains slow. The XRP market continues to consolidate around $2.81, with technical analysts identifying key Fibonacci levels and potential breakout patterns. However, without a clear institutional signal, such as the launch of a major ETF, XRP’s price trajectory remains uncertain [8].

Source: [1] title1 (https://coingape.com/trending/blackrock-joins-ripple-swell-2025-could-an-xrp-etf-be-next/) [2] title2 (https://thecryptobasic.com/2025/09/05/ripple-confirms-blackrock-to-attend-swell-conference/) [3] title3 (https://finance.yahoo.com/news/crypto-analyst-warns-xrp-etf-193131671.html) [4] title4 (https://finance.yahoo.com/news/crypto-analyst-warns-xrp-etf-193131671.html) [5] title5 (https://finance.yahoo.com/news/crypto-analyst-warns-xrp-etf-193131671.html) [6] title6 (https://coingape.com/trending/blackrock-joins-ripple-swell-2025-could-an-xrp-etf-be-next/) [7] title7 (https://coinedition.com/blackrocks-presence-at-ripples-event-sparks-speculation-on-xrp-etf-future/) [8] title8 (https://coingape.com/markets/xrp-price-forecast-analyst-eyes-127-as-blackrock-joins-ripple-swell-2025/)