Former President of The ETF Store: BlackRock May File for an XRP ETF After the Ripple Lawsuit is Resolved
According to ChainCatcher, ETF expert Nate Geraci, former president of The ETF Store and current president of NovaDius Wealth Management, posted on X that he expects BlackRock to submit an application for an XRP ETF to the U.S. Securities and Exchange Commission after the Ripple appeal case is resolved, in order to promote diversification in cryptocurrency ETF portfolios.
However, Nate Geraci specifically clarified that he is willing to take responsibility if his prediction is incorrect, but he frankly stated that ignoring crypto assets beyond Bitcoin and Ethereum is meaningless; otherwise, it would be like telling the market that only BTC and ETH have value.
Previously, it was reported that both the U.S. SEC and Ripple have dropped their appeals in the lawsuit, and the relevant ruling remains unchanged.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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