The recent legal victory for Ripple against the SEC has paved the way for major firms like BlackRock and Fidelity to enter the XRP ETF race.
BlackRock, a leader in the ETF space, has a strong track record of launching successful ETFs and is well-positioned to capitalize on the growing interest in tokenized assets like XRP.
Following Ripple's legal triumph, analysts believe that both BlackRock and Fidelity will soon enter the XRP ETF race.
The approval of XRP-based financial products, including ETFs, is expected to happen in the near future.