XRP Price Soars on ETF Speculation and Ripple-SEC Case Advancements

  • XRP surged 15% daily, outperforming the broader market as speculation around a BlackRock XRP ETF gained momentum.

  • Ripple’s ongoing legal developments with the SEC may clear the path for ETF approvals and attract major institutional investment.

  • XRP-linked ETFs such as XXRP and UXRP show steady inflows, highlighting growing investor confidence and readiness for regulated crypto products.

XRP continued its strong upward trajectory, reaching $2.82 at press time after gaining 15% in a single day. Weekly gains are now up 27%, sharply outpacing the broader crypto market's 6.53% increase. Market analysts link the surge to speculation that BlackRock may be preparing to file for a spot XRP ETF.

This comes after an announcement that Ripple has had an active meeting with the U.S. Securities and Exchange Commission over the withdrawal of the cross-appeal by the regulator. If the case is decided, analysts in the industry feel that it might pave the way concerning regulatory certainty and heightened institutional interest.

ETF Activity Signals Market Readiness

Although BlackRock has not yet officially filed for an XRP ETF, insiders suggest a filing could happen shortly, possibly alongside a Solana ETF. Meanwhile, XRP-related financial products are seeing increased attention. The DTCC has listed the ProShares Ultra XRP ETF (UXRP), and the Teucrium 2X Long Daily XRP ETF (XXRP) has accumulated nearly $160 million in assets since its April launch.

Adding to the momentum, a new ETF application tied to Truth Social—linked to Donald Trump—was submitted. This proposed “Crypto Blue Chip ETF” would include XRP as one of its key holdings, signaling growing mainstream attention.

Market Analysts Eye Higher Targets

According to technical analysts, the next key resistance for XRP is the $3 mark. A break above this level could potentially trigger further gains. One analyst projected a longer-term target of $9.63 if momentum is sustained and ETF approvals materialize.

The consistent weekly inflows into XXRP, despite its relatively high 1.89% expense ratio, indicate solid investor demand. JPMorgan analysts have also forecasted that spot XRP ETFs could receive up to $8 billion in capital during their first year.

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