Former ETF Store President: BlackRock May Submit XRP ETF Application After Ripple Lawsuit Resolution

ChainCatcher news, Nate Geraci, an ETF expert and former president of The ETF Store, currently president of NovaDius Wealth Management, stated on the X platform that he expects BlackRock to submit an XRP ETF application to the U.S. Securities and Exchange Commission after the resolution of the Ripple appeal case, in order to promote diversification in cryptocurrency ETF portfolios.

However, Nate Geraci specifically clarified that he is willing to take responsibility if he is wrong in his predictions, but he admitted that ignoring crypto assets other than 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 SEC and Ripple in the lawsuit have waived their appeals, and the relevant ruling remains unchanged.