The post Here’s Where XRP Price Will Be if BlackRock Files for Spot ETF Now! appeared first on Coinpedia Fintech News
XRP has always been in the news—whether it’s about regulations, new tech, or real-world use. But now, something even bigger could be on the way. There are growing rumors that BlackRock, the world’s largest asset manager with $11.6 trillion in assets, might soon file for a spot XRP ETF.
Now, many are wondering where could XRP’s price go if BlackRock files this week?
Betting Odds Suggest Big Moves Ahead
Traders on Polymarket, a popular blockchain-based prediction platform, are putting their money where their mouth is. They now believe there’s an 83% chance the SEC will approve an XRP ETF, up from just 68% a month ago. That kind of spike shows growing confidence in XRP’s future in the U.S. market.
If BlackRock does apply, it could mark a major turning point for XRP. When it filed for a Bitcoin ETF, prices soared. The same happened with Ethereum. Now, if XRP becomes the next target, history could repeat itself.
Why This Filing Could Be a Game-Changer
There’s growing speculation that BlackRock might be quietly preparing to launch a spot XRP ETF. According to Vandell Aljarra, Co-founder of Black Swan Capital, BlackRock likely wants to move forward with an XRP ETF. However, the biggest challenge is still the ongoing regulatory issues.
The main concern is the unresolved Ripple vs. SEC case, which questions whether XRP is a security. This legal uncertainty has made XRP a more risky asset compared to Bitcoin and Ethereum, which already have clearer regulatory status.
XRP Price To Go If BlackRock Files for XRP ETF
As of now, the XRP price is trading around $2.33, reflecting a pump of 1.8% in the last 24 hours. If BlackRock does file for a spot XRP ETF, experts believe the price could quickly jump past $3, and possibly reach $4.60 or even higher in the coming months, especially if the ETF eventually gets approved.