XRP has exploded! Its market capitalization has surpassed BlackRock, entering the top 100 assets globally. Experts are saying: Is BlackRock going to launch an XRP ETF? These 3 signals contain opportunities and pitfalls!

XRP players have recently been losing sleep! Over the weekend, it surged to $3.12, with a market capitalization soaring to $185.18 billion, directly surpassing the world's largest asset management company BlackRock, and entering the top 100 assets globally — this isn't retail speculation; it's XRP proving "it can fight" with its market capitalization! Even more astonishing, expert Zack Recto boldly stated: "BlackRock will definitely launch an XRP ETF, and it may even be hotter than the ETH ETF!" However, BlackRock is still denying it; is it a "smokescreen" or "really no plan"? Today, we will thoroughly explain the truth behind the market capitalization breakthrough, the possibility of an ETF, and practical strategies — don't miss this market opportunity!
1. First, let's look at the "comeback details" of XRP: $3.12 is not a coincidence, and the market capitalization surpassing BlackRock hides 2 hardcore logics.
Many people think that "XRP's rise is short-term speculation", but by looking at the details of the market capitalization breakthrough, it is clear - this is the result of "regulatory landing + ecosystem efforts", not a flash in the pan:
1. Market capitalization surpasses BlackRock: Global asset ranking advances further, regulatory dispute resolution is key
XRP can squeeze into the top 100 global assets, the core is "Ripple lawsuit dust settles" - in 2023, Ripple and the SEC reached a settlement, clarifying that XRP is not a "security", this "regulatory bomb" that has been hanging for 4 years has finally been defused. After that, institutions began to dare to enter the market:
In December last year, a sovereign fund bought 500 million USD XRP;
In March of this year, a certain asset management company in the United States launched an "XRP trust product" and raised over 200 million USD.
The current market capitalization is 185.18 billion, surpassing BlackRock (market capitalization 182 billion), becoming the first "non-securities cryptocurrency" to break into the global top 100.
Expert Zach Recto bluntly stated in an interview: "The BlackRock team must feel quite embarrassed watching XRP's market capitalization surpass their own -- how can the world's largest asset management company let a top 100 asset slip away? Pushing for an XRP ETF is just a matter of time."
2. The price rose from $0.4 to $3.12: an increase of 680% in one year, with ecological implementation being the "engine of growth".
XRP this surge is not an "air coin pump", the ecosystem is really taking shape:
Cross-border payments: Ripple's On-Demand Liquidity (ODL) service has connected with over 100 banks, including American Express and Santander Bank, using XRP for cross-border transfers, which are 80% cheaper than SWIFT and speed has been reduced from 3 days to 3 seconds;
Central Bank Cooperation: Central banks of countries such as Bhutan and Nigeria are using XRP for "cross-border settlement pilots." In the first half of this year, ODL transaction volume exceeded 50 billion USD, a year-on-year increase of 45%;
Institutional Holdings: CoinGlass data shows that the number of XRP held by institutions has increased from 1.2 billion last year to 2.5 billion now, accounting for 15% of the circulating supply, indicating that institutions have been quietly accumulating.
There is an old player in the fan group who bought 100,000 XRP for 0.6 dollars last year, and now has an unrealized profit of 252,000 dollars. He said, "I was afraid to increase my position due to the lawsuit before, but now that it has been settled and I see banks cooperating, I'm willing to hold long-term with a target of 5 dollars."
2. Will BlackRock push for an XRP ETF? 3 signals suggest "it's highly likely, but we need to wait for the right timing"
What we are most concerned about now is "Will BlackRock really launch an XRP ETF?" - On the surface, it seems that BlackRock is denying it, but there are 3 signals that hint at "potential actions":
1. BlackRock's "ETF logic": As long as there is scale, it will not be missed.
BlackRock now has a BTC ETF (holding over 200,000 coins) and an ETH ETF (total inflow of $12.15 billion, the hottest ETH ETF in the world), with the core logic being "where there is scale, go there." Currently, the market capitalization of XRP is $185.18 billion, higher than many big US stocks (such as Nike and Coca-Cola), and it has sufficient market scale, so BlackRock has no reason to give up.
Zach Rector Analysis: "BlackRock's standard for pushing the ETF is 'assets market capitalization over 100 billion + clear regulation', XRP now meets both conditions. Previously, ETH ETF was also initially denied, but after seeing the strong market demand, they immediately applied; XRP will follow the same path."
2. Competitors are pressuring: Not launching an XRP ETF may result in losing the "leading position in crypto ETFs".
Several asset management companies are competing for the "XRP ETF primary recommendation rights":
Purpose Investments in the US submitted an XRP ETF application in May this year.
A certain asset management company's XRP ETF in Canada has been launched, raising over 50 million USD in the first week.
Nate Geraci of NovaDius Wealth Management directly warned: "If BlackRock delays again, it will lose its dominance in the crypto ETF market — now the ETH ETF is in the lead, and if someone else takes the lead on the XRP ETF, it will be hard to catch up later."
BlackRock previously captured 40% of the crypto ETF market share by "first pushing BTC ETF"; now it cannot just watch its competitors seize the opportunity for XRP. It is highly likely that they are "secretly preparing application materials" and will announce it at the right time.
3. Timing window: Wait for the "Ripple lawsuit final judgment" to eliminate the last concerns.
BlackRock is now denying the "push for XRP ETF"; it's not that they don't want to, but they fear "regulatory uncertainty"—although Ripple and the SEC have reached a settlement, some details are still not finalized (such as whether secondary trading of XRP is fully compliant). BlackRock wants to wait until the "final judgment is rendered" before submitting an application to avoid regulatory pitfalls.
Industry news suggests that the final ruling on the Ripple lawsuit may be issued in November this year. By then, BlackRock will likely "quickly follow suit"—just like with the 2024 ETH ETF, when they submitted their application within a week after regulatory clarity, demonstrating high efficiency.
3. How much will the XRP ETF rise if launched? Experts: It may be even more vigorous than the ETH ETF.
Zach Recto also made a bold prediction: "The performance of the BlackRock XRP ETF will surpass that of the ETH ETF (ETHA)," and the reason is quite practical:
1. The market demand is greater: XRP has a "cross-border payment" necessity, not just a "speculative asset".
The demand for ETH ETF mainly comes from "crypto investors", while XRP has "demand from traditional financial institutions"—over 100 banks globally are using Ripple's ODL service. If an XRP ETF is launched, these banks may allocate XRP through the ETF, resulting in demand that is broader than that for ETH.
For example, Santander Bank is now using XRP for cross-border transfers. If there is an ETF, it might buy 100 million USD worth of XRP ETF as "liquidity reserves", which is much larger than the demand from retail investors.
2. Compared to ETH ETF: XRP has a larger growth potential.
When the ETH ETF was launched, the ETH price rose from 4200 to 4800 dollars, an increase of 14%; meanwhile, XRP is now at 3.12 dollars, 23% away from its historical high of 3.84 dollars in 2018, and 374% away from the high of 14.8 dollars in 2021 — with significant room for growth, the influx of funds after the ETF launch will push it even higher.
Zach Rector estimates: "If BlackRock's XRP ETF sees inflows of 5 billion USD in its first week (compared to 3 billion for the ETH ETF), XRP could potentially soar to 4 USD, even 4.5 USD."
4. What should be done now? The 3 types of players have different strategies, don't charge blindly.
Regardless of whether BlackRock pushes for an ETF, the current market for XRP should be approached with caution; do not blindly chase highs.
1. Those who haven't entered: wait for a pullback to 2.8-2.9 USD to buy, don't chase the 3.12 USD high.
XRP is now $2.98, not far from the high of $3.12, chasing the high directly can easily lead to being trapped. A more prudent approach is to wait for a pullback:
First support level at 2.8 USD (20-day moving average position), falling to this point allows for a small position entry (for example, 5% of total capital);
Second support level at $2.6 (30-day moving average position). If it drops to this level and the volume shrinks to 30% of the usual, you can increase your position to 10%;
Set a stop loss at $2.5, and run if it breaks, to avoid pullbacks caused by regulatory or ETF news falling short of expectations.
2. Already holding: take profits in batches, don’t be greedy.
Rise to 3.3-3.5 dollars (close to the 2018 high), reduce position by 30%, and secure some profits;
Rise to 3.8-4 dollars (near historical highs), then reduce by 30%, keep the remaining 40% to watch for ETF news —— If BlackRock officially announces the ETF application, hold on to see 5 dollars; if there’s no news, take all profits.
Old players in the fan group do it this way: "I bought XRP at 1.2 dollars, sold 30% when it rose to 2.5 dollars, sold another 30% when it rose to 3 dollars, and now I'm left with only 40% of my position. Even if it drops, I've made 1.8 times my investment, no panic."
3. Those looking for high returns: Stay away from small altcoins and keep an eye on XRP ecosystem coins.
If you feel that XRP is rising slowly and want to seek higher returns, you can pay attention to quality coins in the XRP ecosystem (such as FLR and XDC, which are cross-border payment coins that cooperate with Ripple), but avoid small altcoins with a market capitalization of less than 1 billion —— institutions won't buy worthless coins, following the XRP ecosystem is a more stable approach.
For example, FLR has risen 230% this year along with XRP. If the XRP ETF is launched, it may rise accordingly, but a 15% stop loss should be set to avoid pitfalls.
5. The 2 easiest pitfalls to fall into: chasing highs + believing "ETF is coming soon," don't fall for it!
The XRP market is booming now, and beginners are most likely to fall into these two pitfalls. Here are real cases to remind you:
1. Pitfall 1: Chasing high at 3.12 USD, trapped at the peak
Yesterday, a fan bought 10,000 XRP at $3.12, and now it has dropped to $2.98, resulting in a floating loss of $1,400. They are anxiously asking, "Should I sell?" XRP rises quickly and falls quickly as well. Don't chase the price just after reaching a new high; wait for a 20% pullback before buying, it's safer.
2. Pitfall 2: Believing the rumor that "BlackRock will launch an ETF next week" and blindly increasing positions.
Recently, there have been rumors online that "BlackRock will launch an XRP ETF in August," but this is actually false news — BlackRock has not yet submitted an application, and the earliest will have to wait until the lawsuit ruling in November. Don't believe the rumors and increase your position, or you may be trapped if the news turns out to be false.
To be honest in the end:
XRP's market capitalization surpasses BlackRock, signaling that "cryptocurrency is being recognized by traditional finance". Regardless of whether BlackRock launches an ETF or not, XRP's long-term trend is improving. But remember: before the ETF is launched, there may be a "profit-taking drop", and after the launch, there could also be a "sharp rise followed by a decline". Don’t place all your hopes on the ETF; managing your take profit and stop loss is essential to making money.