Will BlackRock Enter the XRP ETF Race? SEC Delays Fuel Speculation

The XRP community looks closely at the American Sec continues to stall decisions on ETF XRP, fueling speculation that Blackrock could intervene. Although the asset management giant has yet made any movement, analysts think that the current delays could work in its favor. With its history of securing ETF approvals, an ETF XRP supported by Blackrock could be more likely.

Franklin Templeton joins the race

Despite regulatory uncertainty, Franklin Templeton officially asked for an ETF XRP, with the Coinbase Coinbase company Custody trusing the XRP holdings of the fund. This marks a big step in the integration of XRP into traditional financial markets, proving that institutions are still betting on its long -term potential. Eric Balchunas de Bloomberg stressed that this marks the 64th Altcoin or even ETF ETF which awaits the approval of the SEC, stressing the growing interest in investment products based on crypto.

Analysts weigh on the delay in the ETF of the dry

Meanwhile, the SEC has also postponed decisions on the ETF XRP of Canary Capital and Grayscale, as well as ETF Solana from Canary and Vaneck. These delays suggest that the regulatory body still hesitates about the crypto ETF beyond bitcoin and etherum. However, analysts believe that the political climate could play a role in moving this position.

Bloomberg analyst James Seyffart reassured investors that such delays are routine and do not necessarily have an impact on the probability of approval. The end deadlines for these ETF applications extend until October, leaving room for potential changes.

Another Crypto analyst, Leigh Dunsford, suggests that dry delays could be intentional or simply overwhelmed by excessive ETF deposits, causing approvals at all levels. Eric Balchunas responds, saying that he doubts that it will happen, but find it interesting because many of these ETFs follow assets linked to the American government or even to the president’s own interests.

Could BlackRock wait until the trial fell?

Many experts believe that BlackRock can keep an ETF XRP file until the continuation of the undulation is resolved. Bill Morgan, an XRP defender, suggests that Blackrock could see delays as an opportunity to deposit at the right time. A settlement with the SEC, which could occur before the Submission of Call of Ripple on April 16, 2025, could remove the final obstacle.

If the legal battle clears up, Blackrock and other large institutions could enter into confidence in the ETF XRP race, increasing the probability of approval. In addition, with a possible Trump administration in the United States, analysts expect a more user-friendly dry of crypto, which could move the tide in favor of ETFs beyond Bitcoin and Ethereum.

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The XRP price reacts to ETF media threw

XRP is up 5% in the middle of ETF excitement, with an open interest reaching $ 3 billion. Analyst Mikybull Crypto sees an upward divergence, alluding to a major rally once the market is recovering. Although the dry remains cautious, growing institutional interests suggest that the approval of the XRP ETF is a question of “when”, not “if” – especially if BlackRock joins the race.