XRP ETF odds surge to 80% after SEC-Ripple legal settlement
Main Idea
Analysts are divided on whether BlackRock will file for a spot XRP ETF following the SEC-Ripple legal settlement, with XRP ETF approval odds surging to 80%.
Key Points
1. Analysts are split on whether BlackRock will file for a spot XRP ETF after the SEC and Ripple Labs ended their appeals.
2. Nate Geraci of ETF Store suggests BlackRock may explore XRP and Solana ETFs, while Bloomberg's Eric Balchunas believes the firm may stick to Bitcoin and Ethereum.
3. XRP ETF approval odds jumped to nearly 80% post-SEC-Ripple settlement, up from 66% in early August.
4. Over $6 billion in XRP has been offloaded recently, flipping whale demand to negative, despite an 11% price increase.
5. Traders bought over 1.8 billion XRP at key support levels ($2.70–$2.80 and $2.40–$2.50), reinforcing these zones.
Description
Analysts are split on whether BlackRock will file for spot XRP ETF.
Latest News
- Here’s why Dogecoin’s 30% weekly gain signals parabolic rally ahead2025-08-08 15:21:30
- Why the Bitcoin Dominance chart may be warning traders of THIS shift!2025-08-08 13:33:53
- XRP ETF odds surge to 80% after SEC-Ripple legal settlement2025-08-08 12:05:29
- How Trump’s 401(k) reforms could reshape your retirement plans2025-08-08 11:44:48
- Lido DAO – Mapping LDO’s path to $1.17 after 17% daily gain2025-08-08 11:08:59