XRP price has gained upward momentum as new rumors emerge about BlackRock filing for an XRP spot ETF. The potential listing, combined with increased institutional interest, has helped push XRP higher in the broader market. Analysts and investors are now watching whether the asset can break past the $3 level.
BlackRock XRP ETF Speculation Fuels Market Optimism
The XRP price has seen a sharp increase amid reports that BlackRock may soon submit an XRP ETF application. While no formal filing has been made, market participants expect the application once Ripple’s case with the U.S. Securities and Exchange Commission (SEC) concludes. Recent meetings between Ripple and the SEC focused on dismissing the cross-appeal, which could close the long-standing legal case.
An X user and crypto analyst, Xaif, commented, “BlackRock $XRP and SOL ETF filings could happen anytime soon. XRP holders, get ready for a big bang!” This view is being echoed by broader investor sentiment and fund flows into existing XRP products.
Insider news: BlackRock $XRP and SOL ETF filings could happen anytime soon. XRP holders, get ready for a big bang!
— Xaif Crypto🇮🇳|🇺🇸 (@Xaif_Crypto) July 11, 2025
Supporting the speculation, the ProShares Ultra XRP ETF (UXRP) was recently added to the Depository Trust & Clearing Corporation (DTCC) list. Meanwhile, Truth Social’s parent company has also filed for a Crypto Blue Chip ETF that would hold XRP along with other large-cap cryptocurrencies.
Fund Inflows and ETF Listings Show Growing Institutional Demand
New data shows increasing demand for XRP-related investment products. The Teucrium 2X Long Daily XRP ETF (XXRP), which launched in April, has recorded weekly inflows since its inception. The ETF now manages nearly $160 million in assets despite charging an expense ratio of 1.89%, which is above average for the industry.
JPMorgan analysts have issued forecasts suggesting XRP spot ETFs could gain approval later this year. They estimate these products may attract up to $8 billion in inflows during the first year of trading. Analysts suggest that this could drive new demand as capital moves from dominant assets into alternative digital currencies like XRP.
Such advances are coupled with the activity across the market, as other asset managers have been working on Solana (SOL) ETF registrations. The submissions and investment interest can contribute to the difference in the performance of XRP and other competing tokens in the future.
XRP Price Breakout May Continue Amid Strong Technical Levels
XRP has outperformed the broader crypto market in recent sessions. It rose by 6.1% earlier today, following a 4.83% increase the day before. The broader crypto market gained 4.53% over the same period, pushing the total crypto market cap to $3.56 trillion.
Technical analysis shows that the $2.56 level is key for the next upward move. Provided that XRP overcomes this resistance, the next price milestone may include a price of $ 3. But the fall to below $2.50 can compel the exposure of the token to lower support areas of $2.40 and $2.30.
As Javon Marks, crypto analyst, mentioned, currently, XRP could be about to reach $9.631 when kept moving in the same momentum. According to this estimate, it is possible to expect that the results will grow by 251 percent concerning the current figures, provided that the interest in ETFs will be sustained and there are no new trends in the field.
Market analysts are keenly monitoring the ETF filing announcements, fund flows, and court decisions in a bid to understand whether XRP can continue to soar or not.
