XRP's price continues its upward trajectory, driven by mounting speculation that investment giant BlackRock may soon file for a spot $XRP Exchange-Traded Fund (ETF). With growing momentum in both institutional interest and regulatory clarity, analysts are now forecasting a potential breakout beyond $3, with bullish projections reaching as high as $9.
ETF Optimism and SEC Resolution Fuel Investor Confidence
#Xrp🔥🔥 has recorded substantial gains following the conclusion of Ripple’s long-standing legal dispute with the U.S. Securities and Exchange Commission (SEC). The resolution of this high-profile case removes a major regulatory overhang and is widely seen as a catalyst for the introduction of regulated investment vehicles, including spot ETFs.
Although #BlackRock has yet to formally submit an application, multiple insider reports suggest filings for both XRP and Solana (SOL) ETFs are “imminent.” Market participants believe the SEC lawsuit resolution significantly increases the likelihood of these filings moving forward.
Broader Market Participation and Institutional Developments
Adding to the ETF momentum, former U.S. President Donald Trump’s Truth Social platform recently filed for a “Crypto Blue Chip ETF,” which is expected to include XRP among its holdings. Meanwhile, the Depository Trust & Clearing Corporation (DTCC) has listed the ProShares Ultra XRP ETF (ticker: UXRP) in its product catalog—an indicator that financial infrastructure is being laid for broader XRP fund offerings.
The recently launched Teucrium 2X Long Daily XRP ETF (XXRP) has also seen promising traction. Since its debut in April, the leveraged fund has attracted consistent weekly capital inflows and now manages nearly $160 million in assets under management, despite a relatively high expense ratio of 1.89%.
Price Outlook: Analysts See Room for Substantial Upside
JPMorgan analysts anticipate that an XRP spot ETF could secure regulatory approval by the end of 2025, potentially attracting up to $8 billion in institutional capital in its first year. This influx could substantially boost XRP’s liquidity and pricing, drawing capital from larger crypto assets.
Currently trading up 6.1% over the past 24 hours—outpacing the broader crypto market’s 4.53% gain—XRP is nearing key technical resistance levels. A decisive breakout above $2.56 could pave the way to $3, with more bullish scenarios targeting the $9–$10 range.
Notably, crypto analyst Javon Marks has projected a price target of $9.63, which represents a 251% increase from current levels. This forecast is contingent on continued ETF momentum and sustained institutional interest.
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Key Highlights:
BlackRock ETF rumors contribute to upward price pressure
SEC lawsuit resolution eliminates major regulatory risk
Truth Social and DTCC developments signal infrastructure readiness
Real fund inflows reflect growing institutional participation
Analyst projections see short-term target at $3, long-term potential near $9
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