ETF experts predict: BlackRock may apply for XRP ETF after Ripple lawsuit

robot
Abstract generation in progress

On August 8, Nate Geraci, the former president of The ETF Store and current president of NovaDius Wealth Management, stated in a post that after the resolution of the Ripple lawsuit, BlackRock is expected to submit an XRP ETF application to the SEC to promote diversification of Crypto Assets ETF portfolios.

However, Nate Geraci specifically clarified that he is willing to take responsibility if he judges incorrectly, but he admitted that ignoring Crypto Assets other than Bitcoin and Ethereum is meaningless, otherwise it is like telling the market that only BTC and ETH have value.

According to previous news, both parties in the SEC and Ripple lawsuit have abandoned their appeals, and the related ruling remains unchanged.

XRP-4%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
OnchainDetectivevip
· 08-08 07:29
Interesting, money speaks, and BlackRock has left a clear mark.
View OriginalReply0
ZenChainWalkervip
· 08-08 07:26
Is XRP going to da moon again?
View OriginalReply0
PumpDoctrinevip
· 08-08 07:25
Which is better, BTC or XRP?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)