Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 3-26-25
Good Afternoon Dinar Recaps,
BLACKROCK AND FIDELITY POISED TO ENTER XRP ETF RACE AFTER RIPPLE’S LEGAL WIN
Nate Geraci, a leading ETF analyst, forecasts that BlackRock and Fidelity will soon join the XRP ETF race, with approval expected to happen soon. His optimism stems from the resolution of Ripple’s legal battle with the U.S. SEC.
Ripple’s Win Clears Path for XRP ETF
Stuart Alderoty, Ripple’s top lawyer, revealed that the company successfully reduced its fine from $125 million to just $50 million, down from the SEC’s initial $2 billion demand. Additionally, the injunction against Ripple is expected to be lifted at the SEC’s request.
After four grueling years, experts say the way is now clear for an XRP exchange-traded fund (ETF) in the U.S. In a latest X post, Geraci noted “Seems obvious spot XRP ETF approval simply matter of time IMO. And yes, I expect BlackRock, Fidelity, etc to all be involved.”
He also highlighted that XRP is currently the third-largest non-stablecoin cryptocurrency by market cap, making it a significant player in the market. And given its size and growing interest, the largest ETF issuers, such as BlackRock and Fidelity, are unlikely to overlook the potential of launching an XRP ETF.
While the SEC has been cautious about approving altcoin ETFs, Geraci believes the agency will eventually approve them. He also highlighted the ongoing debate about whether broad crypto index ETFs or single-asset ETFs will lead the market. Despite expecting the SEC to set limits on approvals, Geraci remains optimistic about the growth of these financial products.
BlackRock To Partner With Ripple?
In a recent Bloomberg interview, Ripple CEO Brad Garlinghouse was asked about collaborating with BlackRock to launch an XRP ETF in the U.S. While Garlinghouse didn’t confirm the partnership, he sparked speculation by stating, “We think it makes sense for the XRP community overall”.
Many believe that once Ripple’s regulatory issues are resolved, asset managers will quickly move to launch an XRP ETF later in the year. Further Ripple CEO is also confident that XRP will join the U.S. Digital Asset stockpile.
Increasing Odds of XRP ETF Approval
Meanwhile, Polymarket, a decentralized prediction platform, shows an 84% chance of XRP ETF approval in 2025. With industry experts closely monitoring XRP’s price, many anticipate a potential breakout to $3 soon, signaling a promising future for the token.
@ Newshounds News™
Source: Coinpedia
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BRICS & US RACE FOR DIGITAL FINANCE SUPREMACY: WHO’S WINNING?
The last year has seen the emergence of the cryptocurrency market as a viable financial sector. Indeed, its arrival has spurred a host of nations to adopt the asset class in a bid to not get left behind. Moreover, it has only increased the conflict between the BRICS and the US as they race for digital finance supremacy. But the question is, who is winning?
US President Donald Trump has already stated his desire for the United States to be the crypto capital of the world. However, the BRICS alliance has already sought out the implementation of blockchain-based applications to help them curtail overreliance on Western systems. Amid a brewing trade war, these two sides are set to face off further in a budding crypto race.
BRICS and US Embrace Digital Finance: But Which Side is Coming Out Ahead?
Since the start of the year, the West and Global South have seen tensions escalate. With Donald Trump returning to the White House, he has targeted that region. Specifically, he has warned of impending 150% tariffs for those who are engaged in de-dollarization efforts.
Yet, the US dollar is not the only battlefield on which these two sides are fighting. Both BRICS and the US are engaged in an ongoing conflict for digital finance supremacy. However, the biggest question now is, just who is winning?
The BRIC bloc has long sought to embrace the blockchain revolution. It had created its very own blockchain-based payment system to counter the Western Swift. Moreover, they have introduced a gold-backed stablecoin that could revolutionize how it transacts with digital assets.
However, the United States is not far behind BRICS. The country has sought to overhaul its crypto policy since Trump returned to the Oval Office. This comes with the president’s plea to pass stablecoin legislation. These efforts all align with the belief that the nation could soon head the entire industry in the coming years.
Which Side Is Winning in 2025?
So, just who is winning at this moment? The question doesn’t have a clear-cut answer but can be explained nonetheless. BRICS is further in development at this stage; China is embracing the digital yuan, and India, Russia, and Brazil all have major digital currency initiatives in place.
However, the United States may have more potential due to the overarching business interest that the asset class has garnered in the nation.
Moreover, the arrival of the UAE’s new $1.4 trillion investment framework into the Western giant will only fasttract its digital finance development. Regardless of where they stand now, the coming months will be massive in determining if BRICS or the US is edging ahead.
@ Newshounds News™
Source: Watcher Guru
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