Ripple finally resolved the legal war with the US Sec of the US and declared his victory. Nate Geraci, one of the leading ETF analysts, estimates that Blackrock and Fidelity will soon participate in the XRP ETF race and that the approval will be realized soon. Geraci’s optimism stems from the victory of Ripple.
Ripple’s victory opened the path of XRP ETF
Kriptokoin.comAs you have followed from Ripple, SEC’s first $ 2 billion request for $ 125 million to $ 50 million. Ripple’s senior lawyer Stuart Alderoty shared this important development. In addition, at the request of SEC, the decision against Ripple is expected to be removed. After four exhausting years, experts say the road is now open for the XRP Stock Exchange Investment Fund (ETF) in the USA. Geraci shared the following opinions in the latest x post:
It seems clear that the XRP ETF approval is only a matter of time. And yes, Blackrock, Fidelity, etc. I expect them all to be involved.
He also emphasized that XRP is currently the third largest stablecoin crypto currency compared to the market value, and that it has made it an important player in the market. Considering its size and increasing interest, it is unlikely that the largest ETF exporters such as Blackrock and Fidelity will ignore the potential to launch an XRP ETF.
In the meantime, SEC is cautious about confirming the Altcoin ETFs. With this, Geraci believes that SEC will finally approve them. He also underlined the ongoing debate on whether the extensive crypto index ETFs or the only asset ETFs will lead the market. Although SEC expects to set a limit on approval, Gerraci remains optimistic about the growth of these financial products.
Will it be partners with Blackrock Ripple?
In a recent Bloomberg interview, Ripple CEO Brad Garlinghouse was asked to collaborate with Blackrock to start an XRP ETF in the USA. While the Garlinghouse did not confirm the partnership, he led to speculation, saying, “We think it makes sense for the XRP community in general.”
Many people believe that when Ripple’s regulatory problems are resolved, asset managers will quickly take action to start a XRP ETF in the later stages of the year. In addition, Ripple CEO is sure that XRP will join the US digital asset stock.
The probability of approval of XRP ETF is increasing!
Meanwhile, Polymarket, a decentralized predictive platform, shows that the XRP ETF’s approval is 84 %in 2025. With sector experts closely follow the price of XRP, many people expect a potential break for $ 3 soon. This points to a promising future for Token.
