BlackRock wia wan try to file XRP ETF don boost chance for dem approve am and make market dey happy
Di chance for Ripple (XRP) ETF approval don sky rocket after SEC for US approve NASDAQ Crypto US Settlement Price Index wey get XRP and other altcoins join. Polymarket prediction market talk say di odds for XRP ETF approval by year end reach 98%, but now e settle for 88%. Dis hope dey rice because SEC don dey show say dem dey trust am and price dey clearer for XRP. Even so, ADA and SOL get less chance for ETF approval. New gist be say BlackRock wey be biggest asset manager fit submit XRP ETF filing. Dis fit mark change for BlackRock ETF strategy, before now dem no too dey reason altcoin funds outside Bitcoin and Ethereum. ETF analyst Nate Geraci mention say batch approvals fit happen like how BlackRock do for Bitcoin and Ethereum ETF filings. Bitwise, Canary Capital, 21Shares, and Franklin Templeton don enter race for XRP ETF. VanEck accuse SEC say dem dey favor big firms, plus dem dey call make dem bring back ‘first-to-file’ approval process. Market dey positive for XRP ETF approval, analysts and Polymarket players dey expect decision as early as July 2025 or before year end. For crypto traders, BlackRock coming na big catalyst wey fit make XRP price move well after official announcement. Traders make dem dey watch regulatory updates and market wahala as altcoin ETF matter dey develop fast.
Bullish
Di news wey dey go round about BlackRock go fit file for one XRP ETF, plus approval go fit happen pass before and big big companies dey look am, all this just dey make XRP price look like e go blow. SEC wey approve NASDAQ Crypto US Settlement Price Index don make many people think say na big step go come for spot ETFs for XRP and some other small small coins. Anytime BlackRock enter matter, e dey show say market get hope, and na so e dey always happen, trading go increase and price go go up when dem do similar thing for BTC and ETH ETFs. If dem just announce am for real and market people dey feel good, as e dey show for prediction market, e fit make XRP price jump for small time and keep people interested till dem finish the approval palava. But traders still need to shine eye for wahala because of government rules wey no clear and who dem dey favor, but as a whole, e good for XRP price.