Nate Geraci Reacts to Ripple SEC Lawsuit: BlackRock’s XRP ETF Bid Could Send Prices Soaring to $12.70!

Nate Geraci, president of The ETF Store, reaffirmed his belief in a future spot XRP exchange-traded fund approval in the United States. He recently stated on X that the resolution of the Ripple SEC lawsuit clears the path for XRP ETFs approval. Geraci considers it only a “matter of time” before major asset managers like BlackRock and Fidelity start requesting a spot for XRP exchange-traded funds.

His forecast follows the regulator’s recent decision to drop its case against Ripple. With this legal challenge removed, industry experts now believe institutional investors will increasingly view XRP as suitable for an exchange-traded fund. Furthermore, XRP’s rank as the third-largest non-stablecoin enhances its appeal to investment firms seeking broader crypto offerings.

BlackRock and Fidelity Poised to Lead the XRP ETF Market

Geraci frequently highlights the potential for large financial institutions to leverage the rising demand for altcoin exchange-traded funds. He believes BlackRock, already dominant in spot Bitcoin and Ethereum products, would actively compete against rivals entering the XRP sector. This asset management firm likely would not let competitors establish themselves in XRP funds, ensuring intense competitive dynamics persist.

Ripple lawsuit coming to end…

Seems obvious spot XRP ETF approval simply matter of time IMO.

And yes, I expect BlackRock, Fidelity, etc to all be involved.

XRP currently 3rd largest non-stablecoin crypto asset by market cap.

Largest ETF issuers aren’t going to ignore this.

— Nate Geraci (@NateGeraci) March 26, 2025

Fidelity’s recent application for a spot Solana fund further supports the view that major managers seek opportunities beyond Bitcoin and Ethereum. Growing competition within the crypto ETFslandscape might soon lead BlackRock and Fidelity toward XRP, given its significant market capitalization. Although BlackRock’s Jay Jacobs previously noted altcoins like XRP were not immediate priorities, changing regulations and investor interest could alter that strategy.

Market Optimism and XRP Price Prediction

Investor sentiment regarding XRP improved substantially after the favorable legal outcome of the Ripple SEC lawsuit. For instance, the prediction market platform Polymarket indicates an eighty-seven percent chance that the regulator will approve an XRP ETF by late 2025. This growing optimism fuels greater attention from retail participants and institutional players, suggesting widespread anticipation in the financial markets.

However, despite optimism about the fund’s potential, some analysts warn of near-term price fluctuations. Well-known trader Peter Brandt observes a bearish head and shoulders pattern on XRP’s price chart, suggesting a potential decline toward $1.07. Nevertheless, other experts believe a potential ETF filing by BlackRock or Fidelity could invalidate this bearish forecast, potentially driving XRP’s value higher.

Will XRP’s Price Rally or Crash Amid ETF Speculation?

XRP faces short-term price uncertainty despite increasing excitement about a potential exchange-traded fund. XRP is currently traded at around $2.37, reflecting a four percent decrease over the previous 24-hour period. Some market watchers suggest a deeper slide could occur if XRP breaks below essential support levels, such as the $1.90 mark.

On the other hand, positive factors like leveraged trading activity and growing institutional adoption might prevent a significant price decrease. Furthermore, Bitwise, a crypto index fund manager, estimates XRP might climb to $12.70 by 2030 in a favorable market scenario. More optimistic XRP price predictions even suggest a higher $29.32 target if it secures a greater market share within the payments and tokenisation sectors.

The Road Ahead for an XRP ETF

The path toward an XRP exchange-traded fund seems more defined now that Ripple’s legal conflict is concluded, removing a major obstacle. Although regulatory approval is still needed, industry insiders believe the Securities and Exchange Commission’s attitude toward altcoin funds is evolving. Approvals for Bitcoin and Ethereum products established a clear pattern, making an XRP fund quite probable.

Investors currently watch actions from BlackRock, Fidelity, and other key asset management firms closely. If one of these institutions successfully submits an XRP ETF application, the market might experience a notable increase in institutional interest. The next few months will likely be crucial as the crypto ETF environment changes, potentially determining XRP’s path toward mainstream integration.