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BTC31011

08/08 14:24

XRP ETF odds surge to 80% after SEC-Ripple legal s

XRP ETF odds surge to 80% after SEC-Ripple legal settlement

Analysts are split on whether BlackRock will file for spot XRP ETF.

Analysts are split on whether BlackRock will file for a spot XRP ETF. But the latest regulatory update could be a positive catalyst for it to make the move, per Nate Geraci. 

BlackRock may apply for a spot Ripple[XRP] ETF after the U.S SEC and Ripple Labs ended their appeals. This was a bold projection by Nate Geraci of ETF Institute, adding that, 

“Yes, I think BlackRock was waiting to see this before filing for iShares XRP ETF…”

He said that it would make ‘zero sense’ for the firm not to explore beyond Bitcoin [BTC] and Ethereum [ETH].

He said that it would make ‘zero sense’ for the firm not to explore beyond Bitcoin [BTC] and Ethereum [ETH].

If it sticks to only BTC and ETH, then it would mean that only the two assets have value, Geraci wrote. 
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