Amid the hype around the Ripple Swell conference, XRP community figure Digital Asset Investor (DAI) believes the event doesn’t affect XRP’s price.
The 2025 Ripple Swell runs from Nov. 4 to 5 at Convene Hudson Yards in New York City, Ripple’s first time hosting the event in the heart of Wall Street. A welcome reception took place yesterday, kicking off the two-day summit that the firm hopes will strengthen its ties with institutional players.
The Latest Ripple Swell
This year marks the ninth edition of Ripple Swell since it began in Toronto in 2017. Over the years, it has hosted global leaders and major announcements. Ripple plans to showcase product updates, host policy-focused talks that touch on potential Trump-era crypto priorities, and close with the Ripple Innovation Awards.
Ripple CEO Brad Garlinghouse will deliver the opening keynote, while Nasdaq’s Chair and CEO Adena Friedman will take part in a fireside chat about the future of digital assets.
Other speakers include Maxwell Stein, BlackRock’s Director of Digital Assets, and Patrick Witt, a Senior Policy Advisor at the White House. Witt’s participation marks the first time a sitting U.S. official has attended Swell since 2018.
Could Ripple Swell Impact XRP Price?
Amid this lineup and the hype, XRP community members now expect this year’s event to influence the market. Recently, popular analyst Crypto Wolf predicted a possible price surge as the conference approached. A day later, he claimed XRP could rally as excitement around Swell grows.
Levi shared similar optimism last month. He said investors were expecting new partnerships and adoption news that could send XRP soaring beyond $20.
DAI Provides Counter Opinion
However, DAI believes otherwise. He pointed out that Ripple Swell has never directly affected XRP’s price in the past years. According to him, only a game-changing development, such as BlackRock launching an XRP ETF, could truly move the market in a big way.
Usually XRP price is not affected by Ripple Swell. If there was a BlackRock XRP ETF announcement I'm betting that would change fast.
— Digital Asset Investor (@digitalassetbuy) November 3, 2025
Nonetheless, this seems far from happening. BlackRock has repeatedly confirmed it has no plans to launch an XRP ETF, or any single-altcoin ETF, beyond Bitcoin and Ethereum.
Three months back, a company spokesperson mentioned that there were no such plans. In July 2024, Robert Mitchnick, BlackRock’s Head of Digital Assets, said during the Bitcoin 2024 conference that demand for crypto products outside Bitcoin and Ethereum remains very low.
Around the same time, Samara Cohen, the firm’s Chief Investment Officer for ETF and Index Investments, told Bloomberg that the company would continue focusing only on Bitcoin and Ethereum ETFs for now.
More recently, Mitchnick explained on the ETF Prime podcast that BlackRock considers factors such as liquidity, market cap, investor demand, and overall maturity when assessing new crypto ETFs. Still, he gave no indication that XRP or any other altcoin was under review.
For now, the firm’s strategy remains centered on Bitcoin and Ethereum. Despite this, XRP proponents such as DAI continue to hope that the asset manager could have a change of heart.
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.
