- ETF Store President Nate Geraci believes BlackRock will eventually file for a spot XRP ETF, following its success with Bitcoin and Ethereum funds.
- Growing regulatory clarity, CME-listed XRP futures, and global ETP adoption are strengthening the case for an XRP ETF despite BlackRock’s current silence
XRP ETF Buzz Grows Louder as Industry Insider Predicts BlackRock’s Next Crypto Play
The XRP community is abuzz with fresh speculation after Nate Geraci, President of the ETF Store, confidently stated that BlackRock will eventually file for a spot XRP ETF. Geraci’s comments come as the world’s largest asset manager continues to dominate the crypto ETF space with its successful Bitcoin and Ethereum offerings.
Why XRP Could Be BlackRock’s Next Big Bet
According to Geraci, BlackRock has no incentive to let competitors like Bitwise, Grayscale, or 21Shares claim early dominance in altcoin ETFs. XRP and Solana, being the next major digital assets in line, are prime targets for future ETF filings. Geraci also believes an index-style ETF, bundling several large-cap cryptocurrencies—including XRP—is likely in the pipeline.
Adding weight to this possibility is the recent launch of regulated XRP futures on CME, a major step that typically precedes spot ETF filings. Geraci argues this development significantly boosts the chances of an XRP ETF gaining approval in the U.S.
Also read: Ripple Launches $700M Share Buyback at $175 Per Share, Signals $25B Valuation Backed by Strong XRP Reserves
BlackRock Maintains Strategic Silence—For Now
Despite rising expectations, BlackRock has yet to file for a spot XRP ETF. The company continues to focus on its existing crypto funds—IBIT and ETHA—which have performed impressively. Last year, Samara Cohen, the firm’s ETF strategist, noted that only Bitcoin and Ethereum met their criteria, citing their liquidity and market maturity. Whether that stance has evolved remains unclear, especially with XRP’s improved legal clarity.
XRP ETF Filings Gain Momentum
Other major players have already entered the race. Bitwise, Grayscale, WisdomTree, 21Shares, and Franklin Templeton have filed for spot XRP ETFs. In fact, WisdomTree’s application is under formal review by the SEC, which has invited public comment on potential investor risks.
Globally, XRP exchange-traded products are already thriving. 21Shares’ AXRP ETP is actively trading in Switzerland, and Brazil recently approved the world’s first spot XRP ETF.
- ETF Store President Nate Geraci says BlackRock is likely to file for a spot XRP ETF.
- XRP futures on CME and global ETP approvals add momentum to the case.
- SEC is reviewing several XRP ETF filings, but no green lights yet.