The post XRP News Today: XRP Gains Momentum as XRP ETF Hype Grows Despite BlackRock Silence appeared on BitcoinEthereumNews.com.

XRP continues to command attention in the crypto market, riding a wave of optimism fueled by mounting speculation around a potential spot XRP ETF. Despite silence from BlackRock, the world’s largest asset manager, the excitement surrounding an XRP-backed exchange-traded fund is helping buoy the XRP price and overall investor sentiment. XRP Price Rebounds with Renewed Optimism At the time of writing, XRP is trading at $2.12, marking a 3.5% gain in the past 24 hours. This positive trend signals a renewed bullish sentiment, especially after the token briefly dipped to $1.60 earlier this month. That temporary pullback was seen as a buying opportunity by many retail and institutional investors, contributing to the recent upswing. XRP was trading at around 2.11, up 3.31% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin XRP is now being perceived as “no longer trading at a discount,” with the Ripple currency price stabilizing after weeks of volatility. Trading volume surged by more than 69% to $2.34 billion, further confirming heightened market interest. Analysts are eyeing a possible golden cross breakout, a historically bullish signal, as XRP attempts to recapture its all-time high of $3.55. ETF Buzz Builds Despite BlackRock’s Absence Talk of an XRP ETF has intensified over the past few weeks. Multiple asset managers—including Grayscale, Franklin Templeton, Bitwise, and 21Shares—have filed applications for spot XRP ETFs. However, the crypto community remains focused on one major player: BlackRock. Despite launching Bitcoin and Ethereum ETFs, BlackRock has yet to file for an XRP ETF, suggesting XRP may not be a current priority for the asset giant. Source: Chain Brief via X Having already found monumental success with its iShares Bitcoin Trust and Ethereum ETF, BlackRock appears to be treading carefully with XRP. Its Bitcoin ETF has topped…

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Filed under: News - @ April 21, 2025 5:21 pm