” . BlackRock, the world’s largest asset manager, has been closely monitoring the legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC). This attention was highlighted in a recent SEC filing by BlackRock concerning its spot Bitcoin ETF, where the Ripple case was cited as an example of how regulatory actions can significantly impact the value of digital assets. BlackRock’s filing emphasized that if any regulatory body or court were to classify Bitcoin as a security, it could lead to an “immediate material adverse impact” on both the price of Bitcoin and spot Bitcoin ETF shares. The firm used the SEC’s lawsuit against Ripple and its executives as a cautionary tale, noting how XRP’s market capitalization plummeted from over $100 billion to less than $10 billion following the complaint filed in December 2020. This reference underscores the Ripple case’s significance as a regulatory benchmark for the entire digital asset ecosystem. Popular crypto commentator SMQKE echoed this institutional interest, posting on X that BlackRock is closely following the Ripple v. SEC lawsuit. SMQKE also suggested that a resolution in the Ripple case could pave the way for central banks to use XRP through the XRP Ledger. This view is widely shared within the XRP community, which believes that legal clarity from the Ripple case could unlock large-scale adoption of the XRP Ledger by central banks and financial institutions. Ripple has been actively cultivating partnerships with over 40 central banks globally, positioning the XRPL as a secure, scalable, and efficient platform for cross-border payments and central bank digital currency (CBDC) deployment. Ripple’s ambitions for XRP extend beyond private sector remittances, aiming to provide sovereign-grade infrastructure for liquidity management, FX settlement, and CBDC interoperability. However, regulatory uncertainty in the U.S. has limited institutional engagement with XRP. A favorable resolution in the SEC lawsuit could affirm XRP’s non-security status and remove a major obstacle to enterprise and government adoption in key financial markets. Judge Analisa Torres recently denied the initial joint motion to settle the case on procedural grounds, not on its merits. A revised filing is expected soon, and legal analysts widely anticipate that a final resolution could arrive by Q3 2025. BlackRock’s reference to the case in its Bitcoin ETF filing indicates that institutional finance is closely watching the outcome and preparing to act accordingly. Despite the ongoing legal battle, XRP is currently trading around $1.98, consolidating just below the $2 psychological level. Analysts note consistent accumulation and signs of bullish divergence on the daily chart, with upside potential building as the lawsuit nears its conclusion. If Ripple secures a favorable outcome, XRP could see a rapid breakout, potentially revisiting its all-time high of $3.84 and setting the stage for new record highs. BlackRock’s explicit reference to the Ripple case confirms the broader significance of this lawsuit within the crypto space. The outcome is not just about Ripple but about the future of digital assets in regulated finance. With institutional players like BlackRock monitoring developments and voices linking the case to central bank adoption, XRP’s path forward may become clearer once the legal uncertainties are resolved. . ”
