President of The ETF Store: Believes BlackRock will eventually apply for a spot XRP ETF
According to online reports, Nate Geraci, president of The ETF Store, said he firmly believes that BlackRock will eventually apply for a spot XRP ETF. In his recent comments, Geraci pointed out that BlackRock has always been a leader in Bitcoin and Ethereum ETFs, so it has no reason to give other companies a head start when it comes to XRP or Solana. He also expects BlackRock to launch an exponential crypto ETF. Notably, the industry commentator also recently said that the Grayscale Digital Large Cap Fund, which includes XRP, could become the next ETF to be approved. Geraci's latest comments follow a series of early predictions. As early as March 2025, he had said that BlackRock might immediately file an application once Ripple's legal battle with the SEC ended. At the time, he believed that major institutions like BlackRock and Fidelity would not want other companies to dominate the growing field of altcoin ETFs. At the same time, last month, he also highlighted a milestone that could support spot XRP ETFs: the launch of regulated XRP futures on the Chicago Mercantile Exchange. Geraci sees this as an important step in making XRP ETFs more likely, as futures contracts typically pave the way for spot ETF applications.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.