HomeCrypto NewsMarketSomething Big Is Coming That XRP Holders Will Love, Top Investor Says

Something Big Is Coming That XRP Holders Will Love, Top Investor Says

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Crypto investor and author Paul Barron recently sparked excitement within the XRP community by teasing upcoming developments that could be game-changing for XRP holders.

The post quickly gained traction, with many speculating about what it could mean. Some are even requesting a specific timeline for the reveal, whether it will be a matter of days or weeks.

While the XRP community is already anticipating several announcements in the coming days, the timing of Barron’s post adds fuel to the fire.

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Path Opens Toward XRP ETF Green Light

Notably, this comes just as the U.S. SEC has endorsed the conversion of Grayscale’s Digital Large Cap Fund (GDLC), which holds XRP, into a spot ETF.

This development strengthens the case for standalone XRP spot ETFs in the U.S., as previous XRP-linked products were limited to futures. With XRP now in a spot ETF accessible to institutional investors, pressure is mounting on the SEC to approve dedicated XRP ETFs.

Currently, about ten applications are under review, including proposals from Grayscale and Franklin Templeton. Observers believe the approval of standalone XRP ETFs is becoming increasingly likely, perhaps even inevitable, by the October 2025 deadline.

Although this product still has up to a three-month timeline before launch, other XRP developments may emerge within just weeks.

Lawsuit Chapter Seals for Good

Late last month, Ripple announced its decision to discontinue its appeal in the long-standing SEC case, choosing instead to focus on “more important” initiatives. The announcement followed the company’s failure to modify Judge Torres’ final judgment, which was issued in August 2024. 

Ripple has now chosen to move forward and close the lawsuit chapter for good. In parallel, the XRP Army is eagerly awaiting Ripple’s formal withdrawal and the official closing of the case. 

Anticipation is high, as many believe that once the legal overhang is over, new partnerships and initiatives, previously delayed by the case, could soon be unveiled.

Will a BlackRock XRP ETF Follow?

Among the most anticipated developments is a possible XRP ETF from BlackRock. XRP proponents argue that the world’s leading asset manager may be holding off on launching such a product until regulatory uncertainty fully clears. 

Some analysts have even said a BlackRock XRP ETF application is inevitable, both from a competitive standpoint and due to the strong interest in XRP from Wall Street.

Big Companies Are Buying XRP

This interest is becoming increasingly visible, with a rising number of companies disclosing plans to hold XRP as part of their reserves. To date, nine firms across sectors such as tech, energy, pharma, and cannabis have announced dedicated XRP treasury programs.

Collectively, these companies are committing nearly $1 billion to acquire and utilize XRP as a corporate reserve asset and financial tool. Notable examples include:

  • Trident Digital Tech Holdings – $500 million
  • Webus – $300 million
  • VivoPower – $100 million
  • Wellgistics Health – $50 million

Another Leveraged XRP ETF Launching in Two Weeks

Another pro-XRP event on the horizon is the upcoming launch of leveraged crypto ETFs by Tuttle Capital Management, set for July 16. These ETFs will target assets like XRP, Solana, and BNB.

Under current SEC rules, the filing is automatically approved unless the agency raises objections. Firms such as Teucrium and Volatility Shares have previously taken similar routes to launch XRP futures ETFs.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Abdulkarim Abdulwahab
Abdulkarim Abdulwahabhttp://thecryptobasic.com
Abdulkarim Abdulwahab is a seasoned crypto journalist who has established himself as a trusted voice in the world of blockchain and Web3. His extensive knowledge of the crypto space enables him to break down complex concepts into accessible language.

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