BlackRock files XRP trust product as $120M flows into XRP ETPs, signaling rising institutional interest amid regulatory hopes.

BlackRock recently filed for an XRP trust product, joining firms like Grayscale and 21Shares in offering regulated institutional exposure to XRP. This move coincides with $120 million flowing into XRP exchange-traded products (ETPs) last week, representing over half of global crypto ETP inflows. Institutional investors are waiting for clearer U.S. regulatory guidance before committing fully, but BlackRock's filing suggests confidence that such clarity is near. XRP's price is currently consolidating around $1.40, with potential for a breakout to $1.58 or a drop below $1.28 depending on market direction and broader crypto trends. Meanwhile, infrastructure projects like LiquidChain aim to improve cross-chain liquidity, supporting long-term crypto adoption and institutional interest.