BitcoinWorld Across Protocol: Alarming Allegations of $23M ACX Token Misappropriation Emerge The world of decentralized finance (DeFi) thrives on trust, transparency, and community governance. Yet, recent allegations have sent shockwaves through this very foundation, raising serious questions about the integrity of a prominent cross-chain intents protocol. Across Protocol , a name synonymous with bridging digital assets, now finds itself at the center of a storm involving alleged financial misconduct and manipulated governance votes. If true, these claims could profoundly impact investor confidence and the future of DeFi governance. What Are the Core Allegations Against Across Protocol? At the heart of the controversy are startling claims made by Ogle, an advisor at World Liberty Financial (WLFI). In a recent X post, Ogle accused the Across Protocol team of orchestrating a scheme to siphon off a staggering $23 million in ACX tokens . The alleged method? Manipulating the outcome of a crucial governance vote. Specifically, the accusation states that 150 million ACX tokens , valued at approximately $23 million at the time, were transferred to Risk Labs. Risk Labs is reportedly the for-profit entity behind Across Protocol . These transfers were allegedly disguised under the seemingly innocuous labels of “strategic investment” and “retroactive funding.” However, critics argue these labels served as a cover for a direct transfer of community-held assets into the hands of the protocol’s core team. Unpacking the Alleged ACX Tokens Vote Manipulation The gravity of the situation deepens when examining the mechanics of the alleged manipulation. Ogle’s post meticulously details how the Across Protocol team purportedly leveraged ‘insider addresses’ to sway the results of the governance vote manipulation . In a truly decentralized system, governance proposals are meant to be decided by the collective will of token holders, ensuring fair and transparent decision-making. However, according to the allegations, these insider addresses were strategically deployed to push the proposal past the required quorum. Ogle emphasized that without the engagement of these ‘insider’ votes, the proposal would have failed due to insufficient participation. This suggests a deliberate effort to bypass genuine community consensus, undermining the very principles of decentralized governance. The direct consequence of these actions, as highlighted by Ogle, is the creation of potential token selling pressure, which directly harms legitimate ACX token holders. Why Do Governance Vote Manipulation Claims Matter in DeFi? The allegations against Across Protocol are not just about a large sum of money; they strike at the core of what decentralized finance security aims to achieve. DeFi protocols are designed to operate without central intermediaries, relying instead on smart contracts and community-driven governance. This model promises transparency, censorship resistance, and true user ownership. However, incidents like the alleged governance vote manipulation by the Across Protocol team expose critical vulnerabilities. When the very mechanisms designed to ensure fairness can be exploited by those in power, it erodes trust. This raises fundamental questions: Can users truly trust a system where insider interests can override community consensus? How robust are existing governance frameworks against such alleged exploits? What recourse do token holders have when their collective power is allegedly undermined? These questions are vital for the long-term health and adoption of DeFi. The integrity of governance votes is paramount, as it dictates the future direction, treasury allocation, and overall security of a protocol. The Wider Impact of Crypto Allegations on Trust Beyond the immediate financial implications for ACX token holders, these crypto allegations cast a long shadow over the broader decentralized finance ecosystem. Trust is the bedrock of any financial system, and in the nascent world of DeFi, it is even more critical. Each alleged scandal, each instance of insider dealing, chips away at the collective confidence of investors, developers, and new entrants. Such incidents can lead to: Reduced Investor Confidence: Potential investors may become wary of participating in DeFi projects, fearing similar exploits. Regulatory Scrutiny: Allegations of manipulation and misappropriation often invite increased attention from regulators, potentially leading to stricter rules that could stifle innovation. Reputational Damage: Not just for the accused protocol, but for the entire sector, making it harder to attract mainstream adoption. Market Volatility: News of alleged misconduct can trigger sell-offs, further harming legitimate token holders. The DeFi space prides itself on its innovative spirit and commitment to decentralization. However, incidents that betray these principles are a stark reminder of the ongoing need for vigilance and robust ethical frameworks within the community. Navigating Decentralized Finance Security Challenges The alleged events surrounding Across Protocol underscore the persistent decentralized finance security challenges that the industry must continuously address. While DeFi offers immense opportunities, it also presents unique risks that differ from traditional finance. The immutability of blockchain transactions means that once an exploit or a malicious act occurs, it is incredibly difficult, if not impossible, to reverse. To bolster decentralized finance security and prevent future incidents of alleged governance vote manipulation , several measures are crucial: Enhanced Audits: Beyond code audits, governance mechanisms themselves need rigorous scrutiny to identify potential vulnerabilities for manipulation. Transparent On-Chain Data: Tools and platforms that make it easier for the community to monitor voting patterns, large token movements, and treasury transactions can serve as early warning systems. Stronger Community Engagement: Actively encouraging a broader base of token holders to participate in governance can dilute the power of concentrated insider interests. Clear Disclosure Policies: Protocols should have explicit rules regarding team holdings, vesting schedules, and any potential conflicts of interest related to governance. Legal Recourse: While challenging in a decentralized environment, exploring frameworks for accountability and recourse for affected token holders is essential for maturing the space. The allegations against Across Protocol serve as a potent reminder that decentralization is not a magic bullet against all forms of misconduct. It requires continuous effort, community oversight, and a commitment to ethical practices from all participants. What’s Next for Across Protocol and ACX Holders? As these serious allegations circulate, the eyes of the crypto community will remain fixed on Across Protocol . It is crucial for the protocol’s team to address these claims transparently and provide a comprehensive response to the community. For ACX token holders, understanding the full implications of these alleged actions on their investments and the protocol’s long-term viability is paramount. The coming weeks and months will likely determine how this situation evolves and whether the community’s trust can be restored. Conclusion The alleged misappropriation of $23 million in ACX tokens by the Across Protocol team, facilitated by alleged governance vote manipulation , is a deeply concerning development for the DeFi ecosystem. It highlights the critical need for robust decentralized finance security measures and unwavering transparency. While the promise of decentralization remains strong, incidents like this underscore the ongoing challenges in building truly equitable and trustworthy systems. The crypto community must remain vigilant, advocating for greater accountability and stronger governance frameworks to safeguard the future of DeFi. To learn more about the latest crypto market trends and decentralized finance security, explore our article on key developments shaping DeFi governance and institutional adoption. This post Across Protocol: Alarming Allegations of $23M ACX Token Misappropriation Emerge first appeared on BitcoinWorld and is written by Editorial Team
Russia might be facing a banking crisis as soon as next year, potentially starting even next month according to reports.
The post Kenya Proposes Joint Crypto Regulatory Body as Nation Eyes Leadership in African Crypto Space appeared first on Coinpedia Fintech News With the cryptocurrency market booming in 2025, Kenya has taken a major step toward regulating digital assets. The country’s National Assembly Finance and Planning Committee has proposed the formation of a multi-agency regulatory framework to oversee crypto operations, marking a pivotal moment for the region’s virtual asset industry. Kenya’s New Crypto Regulatory Framework Driven by the explosive growth of the crypto sector, Kenyan lawmakers are moving quickly to establish oversight mechanisms. The proposed framework brings together five key government agencies to regulate Virtual Asset Service Providers (VASPs): Central Bank of Kenya Capital Markets Authority Competition Authority of Kenya Communications Authority of Kenya Office of the Data Protection Commissioner These bodies will collectively regulate various aspects of the crypto ecosystem, including market conduct, data protection, and digital infrastructure. Why Kenya Introduced This Crypto Proposal The proposal stems from a recommendation by Credence Sfrica, a social enterprise organization, which called for a cross-sectoral regulatory team to supervise the rapidly expanding crypto market. The initiative is now open for public feedback, as the Finance Committee aims to build a collaborative and transparent crypto policy. Virtual Asset Service Providers (VASPs) Bill Gains Momentum Introduced on April 4, 2025, the Virtual Asset Service Providers (VASP) Bill has received strong support from key players in the crypto industry. The Virtual Asset Chamber (VAC) praised the bill but recommended removing a controversial clause that allowed regulators to conduct off-site surveillance of VASPs without clear boundaries. The committee agreed with the VAC and has amended the bill accordingly. [post_titles_links postid=”475547″] Kenya Aims to Become Africa’s Crypto Hub Kenya is positioning itself as a crypto leader in Africa, moving past its earlier caution. The new VASP Bill is designed to strengthen financial transparency, accountability, and combat illicit financial flows. Lawmakers believe it will help protect consumers and legitimize the crypto space in the country. Key Requirement for VASPs If the bill is passed, all entities engaging in crypto operations in Kenya will be required to obtain a local license approved by the five regulatory agencies. These licensed VASPs must also implement internal policies to identify and manage conflicts of interest and report such matters to authorities. “This Bill puts a strong emphasis on conflict prevention and proper management among virtual asset providers,” said MP Kimani Kuria . “It requires entities to establish effective internal controls to ensure transparency and accountability.” Final Thoughts As Kenya prepares to pass its first comprehensive crypto regulation, it sends a clear signal of intent: the nation is serious about embracing digital finance while safeguarding its citizens. If implemented successfully, this could place Kenya at the forefront of Africa’s blockchain revolution. [article_inside_subscriber_shortcode title=”Never Miss a Beat in the Crypto World!” description=”Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.” category_name=”News” category_id=”6″]
TL:DR Ripple’s lawsuit resolution against the US SEC will have to wait even longer as Judge Torres denied the two parties’ joint motion for an indicative ruling. However, this seemingly negative development has turned the community bullish on XRP, according to data from Santiment. With crypto moving sideways, retail optimism toward Bitcoin & Ethereum has died down a bit. Meanwhile, XRP sentiment is currently at a 17-day high, in terms of positive vs. negative commentary. This has happened after a $50M settlement between Ripple & the SEC was stalled. pic.twitter.com/zJctKgEiPf — Santiment (@santimentfeed) June 27, 2025 As the analytics company informed, the bullish vs. bearish posts on social media in regards to the fourth-largest cryptocurrency have skyrocketed to a 17-day high. Consequently, XRP has surpassed the two biggest digital assets by market cap, bitcoin and ether, both of which are performing a lot better in terms of price actions in the past week or so. BTC managed to reclaim the $100,000 line after its brief hiatus below it and now sits at around $107,000 as the geopolitical environment in the Middle East improved. ETH also recovered from its substantial slump and is back to $2,400. In contrast, XRP’s price has been trading downward for weeks and is currently below $2.1 after another 3-4% daily drop. The latest setback took place yesterday following Judge Torres’s decision to deny the joint motion filed by Ripple and the SEC for a quicker resolution in their lawsuit. Nevertheless, it’s not all doom and gloom as the XRP token saw a major adoption announcement earlier this week, as you can check here . The post XRP Surpasses BTC, ETH in This Surprising Metric Despite SEC Lawsuit Roadblock appeared first on CryptoPotato .
Across Protocol founders face serious allegations of manipulating DAO governance to divert $23 million in tokens to their affiliated entity, Risk Labs. The controversy centers on claims that the decentralized
A fresh meme-inspired cryptocurrency is rapidly gaining attention in the market, promising potential returns that could outshine those achieved by traders of PEPE and DOGE. Speculation about a staggering 6,500% surge is causing a stir among investors. This emerging token might just be the next big thing. What sets it apart, and why is it generating such buzz? Demand for $XYZ Surges As Its Capitalization Approaches the $15M Milestone The XYZVerse ($XYZ) project, which merges the worlds of sports and crypto, has attracted significant investor interest. Unlike typical memecoins, XYZVerse positions itself as a long-term initiative with a clear roadmap and an engaged community. The project was recently recognized as Best NEW Meme Project, further solidifying its appeal. Price Dynamics and Listing Plans During its presale phase, the $XYZ token has shown steady growth. Since its launch, the price has increased from $0.0001 to $0.003333, with the next stage set to push it further to $0.005. The final presale price is $0.02, after which the token will be listed on major centralized and decentralized exchanges. The projected listing price of $0.10 could generate up to 1,000x returns for early investors, provided the project secures the necessary market capitalization. So far, more than $14 million has been raised, and the presale is approaching another significant milestone of $15 million. This fast progress is signaling strong demand from both retail and institutional investors. Champions Get Rewarded In XYZVerse, the community calls the plays. Active contributors aren’t just spectators—they’re rewarded with airdropped XYZ tokens for their dedication. It’s a game where the most passionate players win big. The Road to Victory With solid tokenomics, strategic CEX and DEX listings, and consistent token burns, $XYZ is built for a championship run. Every play is designed to push it further, to strengthen its price, and to rally a community of believers who believe this is the start of something legendary. Airdrops, Rewards, and More - Join XYZVerse to Unlock All the Benefits PEPE: The Meme Coin Turning Frogs into Fortunes PEPE is making waves in the crypto world as a deflationary memecoin launched on Ethereum. Inspired by Matt Furie's Pepe the Frog, a meme sensation from the early 2000s, PEPE aims to join the ranks of popular meme-based cryptocurrencies like Dogecoin and Shiba Inu. Embracing simplicity, it boasts a no-tax policy and makes no promises of utility, appealing to those who appreciate the pure fun of a memecoin. In late April to May 2023, PEPE experienced a meteoric rise, with its market cap peaking at $1.6 billion. Early holders saw significant gains, and a vibrant community quickly formed around the coin. This surge sparked what some call a "memecoin season," where new meme-inspired tokens appeared rapidly, experiencing wild price swings. While the future is uncertain, many enthusiasts are optimistic, especially with the upcoming Bitcoin halving that some believe could trigger a new bull run. In a market driven by trends and community spirit, PEPE stands out as a testament to the unpredictable yet exciting nature of cryptocurrency. Dogecoin's Rise: How a Shiba Inu Changed the Crypto Game Dogecoin began in 2013 as a lighthearted joke, featuring the popular Shiba Inu meme as its logo. Created by software engineers Billy Marcus and Jackson Palmer, it was meant as a fun alternative to the serious world of cryptocurrencies. Unlike Bitcoin's limited supply, Dogecoin has no cap, and 10,000 new coins are mined every minute, making it abundant and accessible. Despite its humorous origins, Dogecoin's value skyrocketed in 2021, propelled by social media buzz and endorsements from personalities like Elon Musk. It surged into the top ten cryptocurrencies by market capitalization, exceeding $50 billion and showcasing the power of community and online influence. Dogecoin's potential lies in its vibrant community and mainstream recognition. Its technology is based on Litecoin, offering fast transaction times and low fees. In the current market cycle, Dogecoin stands out for its widespread acceptance and the enthusiasm of its supporters. Compared to more traditional cryptocurrencies like Bitcoin or Ethereum, Dogecoin's abundant supply and lower price per coin make it more approachable for new investors. The rise of meme coins and increased interest in crypto markets suggest that Dogecoin may continue to play a significant role in the evolving digital landscape. Conclusion PEPE and DOGE have performed well, but XYZ blends sports and memes, aiming for 20,000% growth—making it a standout opportunity for early adopters in the current bull run. You can find more information about XYZVerse (XYZ) here: https://xyzverse.io/ , https://t.me/xyzverse , https://x.com/xyz_verse Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
The post Ethereum Holds $2400 as Whale Accumulation Surges: Is a Bullish Breakout Imminent? appeared first on Coinpedia Fintech News The Ethereum (ETH) price is navigating within a tight range near $2450, struggling to break out decisively as traders await clarity from both macro events and technical events. The second-largest crypto has bounced between $2400 and $2460 over the past 24 hours, reflecting indecision despite bullish whale activity and growing institutional interest. Alongside, the whales have also intensified the accumulation of Ethereum, which can be considered a bullish signal for the token. As per the data from Cryptoquant, Ethereum whales have recorded one of the highest accumulations ever in the cycle. On the other hand, the active address spiked instantly from 289,275 to as high as 515,432, hinting towards a massive rise in the traders’ activity. Hence, with a rise in the volatility, the ETH price could also attract a positive impact. Is a Short Squeeze Incoming? A short squeeze occurs when the traders who have shorted the token are compelled to buy back at a higher price. This covers their losses and also helps the price climb instantly. The current on-chain readings suggest an enormous amount of shorts have been accumulated, which could pave the way for a sudden rise in the price soon. The chart shows a huge accumulation of shorts in the past few days as the price was about to secure the resistance at $2800. This quickly drives the price lower, and now that it is trying to recover, the shorts are feared to get liquidated. A significant amount of liquidity has been piled up around $2500, and hence, a rise above the level could eventually squash the shorts. Will the Ethereum (ETH) Price Reach $3000? The Ethereum price has been trading within a narrow range while plunging heavily during the latest pullback. Despite this, the price has held along a strong support, hence paving the way to reach the resistance. Besides, the volume has also been making moves, hinting towards a substantial rise in the volatility as well. As seen in the above chart, the price has rebounded from the support of the Gaussian channel, which suggests excessive price drain. However, the CMF remains stuck below ‘0,’ hinting towards a drop in the money flow onto the platform. Therefore, the Ethereum price is believed to reach $2500, and if the market conditions are favorable, then a rise above $2800 is imminent. Otherwise, the price may continue to consolidate below the price range.
Across Protocol founders are accused of manipulating DAO governance to funnel $23 million in tokens to their affiliated for-profit company, Risk Labs.
In June 2025, the crypto world was afire with rumors that BlackRock—the largest asset manager in the world, with $11 trillion in assets under management—was going to submit an application for a spot XRP ETF. Although the rumors are yet to be confirmed by any official SEC filing or BlackRock press release, the mere possibility has reverberated across traditional finance and the digital asset universe. So what exactly is an XRP ETF, how would it work, and why is the potential entrance of BlackRock such a big deal? What Is an XRP ETF? An XRP ETF (Exchange-Traded Fund) is an investment product designed to track the price action of XRP, the Ripple Labs cryptocurrency. Instead of buying XRP directly from a cryptocurrency exchange, investors can buy shares of the ETF in regular brokerage accounts. A share represents a proportionate interest in the underlying XRP position of the fund. The following is a general description of how an XRP ETF operates: Fund Creation : The issuer (e.g., BlackRock) buys XRP or related instruments to back the ETF. Asset Backing : The value of each ETF share is directly proportional to the amount of XRP the fund is holding. Exchange Trading : Shares are listed on stock exchanges and traded the same as common stocks. Net Asset Value (NAV) : The NAV is the total value of the XRP in the fund divided by outstanding shares, though market prices may vary slightly depending on trading volume. Management Fees : Issuers charge a small percentage as a management fee for operating the fund. This arrangement allows investors to gain exposure to XRP's price movement without the hassle of private keys, wallets, or having to interact with crypto exchanges. Why Does BlackRock's Interest Matter So Much? BlackRock's push into Bitcoin and Ethereum ETFs was a landmark moment for institutional crypto adoption. The firm's reputation and regulatory strictness gave Wall Street's stamp of approval to digital assets, paving the way for pension funds, hedge funds, and retail investors who were wary of taking direct crypto exposure. A BlackRock XRP ETF application would signal growing confidence in the regulatory status of XRP along with its utilization as a mainstream asset. It would greatly help improve liquidity, market stability, and potentially drive XRP's price much higher than its all-time highs, according to industry watchers. The Current State Despite the hype, there is no official word from the official sources that BlackRock has filed—or will imminently file—for an XRP ETF. Previous speculation in April and May 2025 was not based on facts, and BlackRock representatives have repeatedly indicated they are not currently interested in altcoins like XRP, in large part due to ongoing legal uncertainty regarding Ripple and the SEC. Other managers, including Franklin Templeton, Grayscale, and 21Shares, have already applied for spot XRP ETFs and are awaiting SEC rulings. The SEC recently delayed a decision on several of these products, pointing to the regulatory uncertainty that still exists. What Would Happen If BlackRock Filed for an XRP ETF? If BlackRock were to actually file for an XRP ETF, the impact would be seismic: Wider Access : Traditional investors could invest in XRP through traditional brokerage accounts, without the complexity of crypto wallets and private keys. Liquidity Boost : The influx of institutional money would initiate greater trading volumes and market depth, reducing volatility. Price Effect : Analysts have predicted that XRP could double in price, potentially surpassing its all-time high of $3.40 and even reaching as high as $4.60 within months, after the same explosive rallies that happened when Bitcoin and Ethereum ETFs were added. Legitimacy Boost : BlackRock's involvement would be a powerful vote of confidence in XRP, potentially impacting public and institutional attitudes and further mainstream adoption. How an XRP ETF Bridges Traditional and Crypto Finance ETFs are a familiar wrapper for traditional investors, offering regulatory oversight, ease of access, and transparency. By putting XRP into this wrapper, an ETF would be capable of bridging the gap between traditional finance and the evolving landscape of digital assets. This would open the door to a whole new wave of investors that have been deterred by the technical and security concerns of direct crypto ownership. The Road Ahead While the expectation is genuine, caution is warranted. The history of false starts among the XRP community can only serve to highlight the need for skepticism until there is an actual filing. Regulatory clarity remains a significant hurdle, and BlackRock's risk aversion will have it potentially waiting for the green light from the SEC before making a move. Still, the sheer speculation testifies to the growing appetite for crypto entry into mainstream finance. With regulatory clarity and institutional interest on the rise, the prospect of an XRP ETF—one backed by a giant like BlackRock—could be closer than most expect. In brief : The idea of a BlackRock XRP ETF is so far speculation, but if it does materialize at some time in the future, it would be a game-changer for XRP and the crypto space in general, opening the doors to institutional money and mainstream adoption. Until that time, investors would do well to watch SEC filings—and the news wires—very closely.
In June 2025, the crypto world was afire with rumors that BlackRock—the largest asset manager in the world, with $11 trillion in assets under management—was going to submit an application for a spot XRP ETF. Although the rumors are yet to be confirmed by any official SEC filing or BlackRock press release, the mere possibility has reverberated across traditional finance and the digital asset universe. So what exactly is an XRP ETF, how would it work, and why is the potential entrance of BlackRock such a big deal? What Is an XRP ETF? An XRP ETF (Exchange-Traded Fund) is an investment product designed to track the price action of XRP, the Ripple Labs cryptocurrency. Instead of buying XRP directly from a cryptocurrency exchange, investors can buy shares of the ETF in regular brokerage accounts. A share represents a proportionate interest in the underlying XRP position of the fund. The following is a general description of how an XRP ETF operates: Fund Creation : The issuer (e.g., BlackRock) buys XRP or related instruments to back the ETF. Asset Backing : The value of each ETF share is directly proportional to the amount of XRP the fund is holding. Exchange Trading : Shares are listed on stock exchanges and traded the same as common stocks. Net Asset Value (NAV) : The NAV is the total value of the XRP in the fund divided by outstanding shares, though market prices may vary slightly depending on trading volume. Management Fees : Issuers charge a small percentage as a management fee for operating the fund. This arrangement allows investors to gain exposure to XRP's price movement without the hassle of private keys, wallets, or having to interact with crypto exchanges. Why Does BlackRock's Interest Matter So Much? BlackRock's push into Bitcoin and Ethereum ETFs was a landmark moment for institutional crypto adoption. The firm's reputation and regulatory strictness gave Wall Street's stamp of approval to digital assets, paving the way for pension funds, hedge funds, and retail investors who were wary of taking direct crypto exposure. A BlackRock XRP ETF application would signal growing confidence in the regulatory status of XRP along with its utilization as a mainstream asset. It would greatly help improve liquidity, market stability, and potentially drive XRP's price much higher than its all-time highs, according to industry watchers. The Current State Despite the hype, there is no official word from the official sources that BlackRock has filed—or will imminently file—for an XRP ETF. Previous speculation in April and May 2025 was not based on facts, and BlackRock representatives have repeatedly indicated they are not currently interested in altcoins like XRP, in large part due to ongoing legal uncertainty regarding Ripple and the SEC. Other managers, including Franklin Templeton, Grayscale, and 21Shares, have already applied for spot XRP ETFs and are awaiting SEC rulings. The SEC recently delayed a decision on several of these products, pointing to the regulatory uncertainty that still exists. What Would Happen If BlackRock Filed for an XRP ETF? If BlackRock were to actually file for an XRP ETF, the impact would be seismic: Wider Access : Traditional investors could invest in XRP through traditional brokerage accounts, without the complexity of crypto wallets and private keys. Liquidity Boost : The influx of institutional money would initiate greater trading volumes and market depth, reducing volatility. Price Effect : Analysts have predicted that XRP could double in price, potentially surpassing its all-time high of $3.40 and even reaching as high as $4.60 within months, after the same explosive rallies that happened when Bitcoin and Ethereum ETFs were added. Legitimacy Boost : BlackRock's involvement would be a powerful vote of confidence in XRP, potentially impacting public and institutional attitudes and further mainstream adoption. How an XRP ETF Bridges Traditional and Crypto Finance ETFs are a familiar wrapper for traditional investors, offering regulatory oversight, ease of access, and transparency. By putting XRP into this wrapper, an ETF would be capable of bridging the gap between traditional finance and the evolving landscape of digital assets. This would open the door to a whole new wave of investors that have been deterred by the technical and security concerns of direct crypto ownership. The Road Ahead While the expectation is genuine, caution is warranted. The history of false starts among the XRP community can only serve to highlight the need for skepticism until there is an actual filing. Regulatory clarity remains a significant hurdle, and BlackRock's risk aversion will have it potentially waiting for the green light from the SEC before making a move. Still, the sheer speculation testifies to the growing appetite for crypto entry into mainstream finance. With regulatory clarity and institutional interest on the rise, the prospect of an XRP ETF—one backed by a giant like BlackRock—could be closer than most expect. In brief : The idea of a BlackRock XRP ETF is so far speculation, but if it does materialize at some time in the future, it would be a game-changer for XRP and the crypto space in general, opening the doors to institutional money and mainstream adoption. Until that time, investors would do well to watch SEC filings—and the news wires—very closely.