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NovaDius CEO Responds Again to BlackRock's Application for XRP and SOL ETFs: Stands by Previous Assessment, Declines to Comment on Certain Reports

NovaDius CEO Responds Again to BlackRock's Application for XRP and SOL ETFs: Stands by Previous Assessment, Declines to Comment on Certain Reports

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金色财经金色财经2025/08/10 02:22

According to a report by Jinse Finance, ETF expert Nate Geraci, former president of The ETF Store and current president of NovaDius Wealth Management, previously posted on the X platform stating that BlackRock would submit an application to the U.S. Securities and Exchange Commission for an XRP ETF to promote diversification in cryptocurrency ETF portfolios. Subsequently, The Block reporter Sarah Wynn wrote that a BlackRock spokesperson said there were no plans to file for an XRP or SOL ETF. In response, Nate Geraci reiterated his belief that BlackRock will apply for spot XRP and SOL ETFs, but declined to comment on certain reports. Additionally, according to a tweet he reposted, The Block’s related report may have been confirmed as false and taken out of context. BlackRock is in discussions regarding XRP and SOL ETFs, but the specific timing is uncertain, as the deadline for submitting an application to the SEC is in October.

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