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- 🍁 Golden Autumn, Big Prizes Await!
Gate Square Growth Points Lucky Draw Carnival Round 1️⃣ 3️⃣ Is Now Live!
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Post original content on Gate Square related to 0G or the ongoing campaigns (Earn, CandyDrop, or Contract Trading Competition) for a chance to share 200 USDT rewards!
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Ripple and BlackRock: XRP ETF Rumors Swirl
Crypto circles buzz with talk about Ripple possibly teaming up with BlackRock for an XRP ETF. The landscape has shifted dramatically since we first heard these whispers.
Where Things Stand
September 2025. BlackRock hasn't filed for an XRP ETF yet. Kind of surprising given their Bitcoin and Ethereum ETF success. Their Digital Head gave some vague reasons why they're holding back. Wait and see, it seems.
The SEC will decide on six XRP ETF applications next month. Mid-to-late October. Big moment coming.
BlackRock manages trillions. They've already dipped their toes in crypto waters. Their involvement lends credibility to digital assets. Ripple keeps pushing forward with their blockchain payment solutions.
What Could Happen
A BlackRock XRP ETF? Game-changer.
Institutional money would flow faster. Last quarter saw $33.57 million already moving into existing XRP products. That's just the beginning.
Regular investors could buy XRP without crypto exchanges. No wallets. No keys. Just simple trading.
XRP price might explode. Not guaranteed, but the charts look promising. Whales grabbed 310 million XRP last quarter alone. They know something.
SEC approval would clear the fog around XRP's status. Finally.
Some Roadblocks
Nothing's certain. The SEC might still say no. Though analysts think approval chances are pretty good - somewhere around 75-85%.
Competition is heating up. Six applications fighting for the same space.
The behind-the-scenes stuff is complicated. Custody. Market-making. Price tracking. Not easy.
XRP prices have been all over the place lately. Consolidating near support. Whatever that means.
Looking Ahead
Everyone's watching. If the SEC gives the green light later this year, money could pour in. Fast.
XRPL handles about 70 million transactions monthly now. That's real usage, not just speculation. BlackRock might like that.
October 2025 looms large. Any hint from BlackRock could send shockwaves through the market. The crypto world waits. Impatiently.