XRP continues to draw attention in the financial world as discussions around a potential exchange-traded fund (ETF) gain traction. Despite BlackRock’s recent position that it has no current plans for an XRP ETF, speculation is far from dead. According to ETF Store President Nate Geraci, the asset may eventually find its way into mainstream financial portfolios through a spot ETF, alongside others like Solana.
The excitement surrounding this possibility was reignited after a recent exchange on X (formerly Twitter), where Geraci hinted at future changes even though BlackRock has publicly dismissed the notion for now. While the current messaging is a firm “no,” Geraci suggests this doesn’t necessarily reflect what could happen down the line. In his view, it’s simply a matter of timing, conditions, and evolving market dynamics aligning in XRP’s favor.
What adds weight to this discussion is the outcome of Ripple’s long-standing legal battle with the U.S. Securities and Exchange Commission (SEC). A joint filing recently confirmed that there would be no further appeals, solidifying the legal interpretation by Judge Analisa Torres. The ruling permits exchange-based sales of XRP to retail investors, finding them compliant with existing securities laws, while institutional sales were found to violate certain aspects. Most importantly, XRP itself is not legally considered a security. This finality brings a degree of regulatory clarity that XRP has lacked for years, removing one of the key obstructions that stood in its way toward broader financial adoption.
As BlackRock already offers spot ETFs for Bitcoin and Ethereum, market watchers are keeping a close eye on what’s next. Geraci believes that as market maturity increases and legal uncertainties diminish, institutions will naturally seek exposure to digital assets like XRP. If BlackRock eventually gives the green light, an XRP spot ETF could offer institutions a regulated, simplified way to invest without depending on traditional crypto exchange infrastructure.
Such a move could significantly impact XRP’s liquidity and functional use. With easier market entry for big players, XRP could find greater integration into financial services like cross-border payments and banking systems. This would, in turn, support Ripple’s mission to enhance global payment rails with cost-effective and fast blockchain solutions.
There’s no denying that BlackRock’s current position is definitive for now, but industry perspectives like Geraci’s suggest that even the most solid “no” today can transform under the right conditions. Timing, regulatory developments, and market demand will likely be pivotal in shifting that narrative.
Related: XRP Price: $12M Max Pain for Bears
If these factors align, XRP could not only join the elite ranks of ETF-listed crypto assets but could also further validate its long-term value proposition in the evolving digital economy.
