Pundit Says Ripple Swell Usually Has No Impact on XRP Price, But Here’s What Could Move XRP
The Ripple Swell conference in New York City on Nov. 4-5, 2025, has generated buzz within the XRP community. Ripple aims to showcase updates, partnerships, and innovative awards at its ninth conference since starting in 2017. Some analysts predict XRP's price could rise due to the event, with expectations for new partnerships and developments. However, prominent community figure Digital Asset Investor (DAI) argues that Ripple Swell has historically not impacted XRP's price significantly. He suggests only major developments, such as an XRP ETF from BlackRock, could notably affect the market, though BlackRock has repeatedly stated no plans for such products beyond Bitcoin and Ethereum ETFs.
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Introduction: Ripple Swell Conference Hype
Amid the hype around the Ripple Swell Conference, XRP community figure Digital Asset Investor (DAI) believes the event doesn’t affect XRP’s price. The 2025 Ripple Swell runs from Nov. 4 to 5 at Convene Hudson Yards in New York City, Ripple’s first time hosting the event in the heart of Wall Street. A welcome reception took place yesterday, kicking off the two-day summit that the firm hopes will strengthen its ties with institutional players.
Historical Significance of Ripple Swell
This year marks the ninth edition of Ripple Swell since it began in Toronto in 2017. Over the years, it has hosted global leaders and been a platform for major announcements. Ripple plans to showcase product updates, host policy-focused talks that touch on potential Trump-era crypto priorities, and close the event with the Ripple Innovation Awards.
Market Expectations: Could Ripple Swell Impact XRP Price?
Amid this lineup and the hype, XRP community members now expect this year’s event to influence the market. Recently, popular analyst Crypto Wolf predicted a possible price surge as the conference approached. A day later, he claimed XRP could rally as excitement around Swell grows. Similarly, Levi shared optimism last month, suggesting that investors were expecting new partnerships and adoption news that could send XRP soaring beyond $20.
DAI’s Counter Opinion on Ripple Swell's Market Impact
However, DAI disagrees. He pointed out that Ripple Swell has never directly affected XRP’s price in past years. According to him, only a game-changing development, such as BlackRock launching an XRP ETF, could truly move the market in a significant way.
“Usually XRP price is not affected by Ripple Swell. If there was a BlackRock XRP ETF announcement I'm betting that would change fast.” — Digital Asset Investor (@digitalassetbuy), November 3, 2025
BlackRock's Position on XRP ETFs
Nonetheless, this scenario seems unlikely. BlackRock has repeatedly confirmed it has no plans to launch an XRP ETF, or any single-altcoin ETF, beyond Bitcoin and Ethereum. Three months ago, a company spokesperson mentioned that there were no such plans. In July 2024, Robert Mitchnick, BlackRock’s Head of Digital Assets, stated at the Bitcoin 2024 conference that demand for crypto products outside Bitcoin and Ethereum remains very low.
Current BlackRock Strategy: Focus on Bitcoin and Ethereum
Around the same time, Samara Cohen, BlackRock’s Chief Investment Officer for ETF and Index Investments, told Bloomberg that the firm would continue focusing only on Bitcoin and Ethereum ETFs for now. More recently, Mitchnick explained on the ETF Prime podcast that BlackRock assesses new crypto ETFs based on factors such as liquidity, market cap, investor demand, and overall maturity. However, he gave no indication that XRP or any other altcoin was under review. For now, the firm’s strategy remains centered on Bitcoin and Ethereum.
XRP Enthusiasts' Hopes for Change
Despite BlackRock’s current stance, XRP proponents, such as DAI, continue to hope for a change of heart from the asset manager. They believe a shift in strategy to include an XRP ETF could create a significant impact on XRP’s market performance.