Could BlackRock’s XRP ETF Announcement Impact XRP’s Price? Ripple Swell Sparks Debate

Ripple’s annual Swell conference, a significant event for the cryptocurrency community, often sees increased attention and discussions around XRP’s price movement. However, some experts believe that traditional Swell events rarely affect XRP’s short-term market performance. One notable commentator, Digital Asset Investor, suggests a BlackRock-backed XRP ETF announcement could trigger a different response. In their view, such an announcement would significantly reshape the XRP market landscape due to regulatory recognition and institutional endorsement from a global investment giant like Blackrock.