BlackRock XRP ETF Filing Could Trigger 100% Rally, Analyst Says
Analyst commentary and market observers say a BlackRock filing for a spot XRP ETF could act as a major catalyst for XRP. Proponent Amonyx stated that XRP “could surge 100%” if BlackRock files an ETF tied to the token. Market rationale: BlackRock (over $10 trillion AUM) has precedent with spot Bitcoin and Ethereum products, and its involvement would signal regulatory and market maturity for XRP following Ripple’s 2025 settlement with the SEC. At February 2026 prices near $1.40–$1.50, a 100% rise would put XRP at roughly $2.80–$3.00, approaching its 2025 high of $3.65. Analysts point to potential supply tightening if institutional funds need to acquire large XRP volumes to collateralize ETF shares, amplifying price moves. Cautionary notes: the claim is speculative until an official filing appears on the SEC’s EDGAR system; past false ETF reports (e.g., 2023) temporarily moved markets. Broader macro factors — inflation, interest rates, liquidity — could moderate or amplify any ETF-driven rally. This development is primarily a bullish institutional-adoption narrative contingent on an actual BlackRock S-1 filing.
Bullish
A potential BlackRock spot XRP ETF filing is a bullish catalyst because (1) BlackRock’s size and precedent with IBIT/ETHA would lend regulatory and institutional legitimacy to XRP, (2) ETF construction often requires spot purchases that can reduce available exchange liquidity and push prices higher, and (3) the 2025 Ripple–SEC settlement removed a major legal overhang, improving investor confidence. Historical parallels: BlackRock’s Bitcoin and Ethereum products helped trigger sustained inflows and price appreciation; false ETF rumors in 2023 caused short-term spikes, showing both the potency and risk of rumor-driven moves. Short-term impact: likely volatility with rapid upside if filing news hits, and possible price squeezes as traders front-run flows. Long-term impact: if an ETF is approved and adopted, structural demand from institutional products could support higher baseline prices and reduced volatility over time. Risks and caveats: until an S-1 appears on EDGAR this is speculative; macro factors (interest rates, liquidity, risk sentiment) and ETF approval timelines could moderate or negate the bullish case.