
XRP is showing strong momentum again as growing hopes around a potential BlackRock spot ETF filing spark investor excitement. The token jumped over 6% today and has outperformed the overall crypto market this week.
On-chain data from Santiment shows XRP price is gaining traction among large holders. A total of 2,742 wallets now hold at least 1 million XRP, just one short of the all-time record. At press time, XRP is priced around $2.56, up 6.15% in 24 hours and nearly 14.86% over the past week. It remains the fourth-largest cryptocurrency with a market cap of $151.728 billion.
Speculation about BlackRock’s potential spot XRP ETF filing has resurfaced after crypto community members, including Xaif Crypto, hinted that the move could be imminent. Although nothing is official yet, XRP and Solana (SOL) are believed to be next in line for ETF filings. This excitement comes as Ripple’s legal battle with the SEC nears its end, possibly opening doors for broader institutional access.
Other ETF developments are also adding to the buzz. ProShares’ Ultra XRP ETF (UXRP) was recently added to the DTCC product list, and Truth Social’s ‘Crypto Blue Chip ETF’ filing also includes XRP. Multiple XRP-related ETF proposals are now awaiting review, with key decision dates lined up in July, starting July 14 with ProShares’ trio of futures ETFs, followed by leveraged and volatility-focused funds later in the month.
Interest from institutions is already picking up. The Teucrium 2X Long Daily XRP ETF (XXRP), which launched in April, has consistently attracted weekly inflows and is nearing $160 million in assets despite a high 1.89% expense ratio.
JPMorgan analysts predict a spot XRP ETF could receive approval later this year and may draw up to $8 billion in its first year, potentially boosting XRP’s price significantly. The SEC is currently reviewing over ten spot XRP ETF applications, with final decisions expected in October. If approved, these ETFs could open the doors to greater institutional access and boost overall market demand for XRP.
Currently, XRP is trading near $2.58. A push above $2.60 could open the door to $3. Analyst Javon Marks sees potential for a rally toward $9.63 if momentum holds. However, a drop below $2.50 could lead to support retests at $2.40 or $2.30.
Speculation about BlackRock’s imminent spot XRP ETF filing has resurfaced among crypto community members. While not official, XRP and Solana are believed to be next in line for BlackRock’s ETF offerings, especially as Ripple’s legal battle with the SEC nears its end.
As of Friday, July 11, 2025, XRP is performing strongly, currently trading around $2.58. It is up over 6% in the last 24 hours and nearly 15% over the past week, making it the fourth-largest cryptocurrency by market cap.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Story Highlights Pi Coin Live Price is Banxa integrates with Pi, acquiring 10 million PI…
Bitcoin price today rises above the $111,300 level after holding firm near the $107K–$108K support…
JPMorgan now allows institutional clients to use Bitcoin and Ethereum as loan collateral, blending crypto…
Two major AI-blockchain projects, Fetch.ai and Ocean Protocol, have finally decided to settle their long-running…
Story Highlights The live price of the MANA crypto token is . MANA price could…
World Liberty Financial (WLFI), a crypto token linked to U.S. President Donald Trump, has seen…