Hold onto your wallets, folks! Social media is buzzing louder than a Wall Street trader after three espressos, with claims that BlackRock is strong-arming the U.S. Securities and Exchange Commission (SEC) to give the green light to a spot XRP ETF before July. Now, before you start mortgaging the house for XRP—wait a second—because the SEC has been slower than my grandmother backing out of a parking space. People everywhere are wondering: is this legit or just another bedtime story for crypto traders?
This whole circus started when the rumor mill reported BlackRock was seen cozying up with the SEC’s crypto task force in May. (Probably over bagels and some “light regulation.”) The scoop? They supposedly chatted about ETF stuff like two guys trying to put IKEA furniture together—no mention of XRP, just a lot of “maybe we could…” and “what if?” In typical fashion, there’s no official paperwork, no press release, nada. Not even a tweet! BlackRock hasn’t so much as winked at XRP.
The one thing we know? BlackRock only flirts with Bitcoin (BTC) and Ethereum (ETH) ETFs. These are the prom king and queen of the crypto dance, and they got their approval in early 2024. They’ve been working the market floor ever since, while XRP’s been sulking outside by the punch bowl.
Jay Jacobs, BlackRock’s ETF commander-in-chief, made it clear: Bitcoin and Ethereum are “mature and have the volume.” Translation: “We’re not interested in the rebellious teenager with SEC issues.” Sadly, XRP has a rap sheet with the SEC longer than a CVS receipt, thanks to years of legal battles with Ripple trying to prove they’re not selling bootleg securities.
Ripple’s had a few courtroom wins, sure, but things are still messier than a Mel Brooks set. Until the lawsuits pack up and go home, BlackRock is playing it safe—no XRP ETFs, just the classics!
But the speculation express has no brakes. Crypto pundit Nate Geraci, the ETF Store big cheese, swears the day BlackRock files for an XRP ETF isn’t far off. According to Nate, it’d be bonkers for BlackRock to let other firms take the altcoin ETF buffet for themselves. Besides, CME now has XRP futures; that’s like putting up IKEA shelves in anticipation of new furniture that may never arrive.
If you think this is déjà vu, you’re not wrong—last year, a fake XRP Trust filing had the internet in a tizzy, with BlackRock basically shouting “fake news!” from the rooftops. To date, there’s no XRP ETF, no secret BlackRock/Ripple poker games, nothing but rumors.
Still, market prophets say if BlackRock ever pulls the trigger, XRP could shoot up to $10—a 365.6% leap from today’s $2.17! Better odds than hitting big in Vegas, but remember: until there’s an official filing, it’s just another episode of “As The Crypto Turns.” Grab your popcorn. 🎬🍿
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2025-06-25 21:25