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Spot XRP ETF ‘Matter Of Time’: Expert Expects BlackRock To Join The Race

  • Nate Geraci, President of The ETF Store, has expressed confidence in the future approval of a spot XRP exchange-traded fund (ETF) in the United States.
  • Geraci expects the Ripple lawsuit to come to an end, making the approval of a spot XRP ETF only a matter of time. He predicts that major asset managers like BlackRock and Fidelity will be involved in the launch of XRP ETFs.
  • Geraci also believes that BlackRock will file for both Solana and XRP ETFs, as they currently lead in spot Bitcoin and spot Ethereum ETF assets under management.
  • The recent agreement by the SEC to drop its appeal against Ripple and return a portion of the fine has increased optimism for the approval of a spot XRP ETF.

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