BlackRock’s Interest In XRP ETF Goes Viral. Here’s the Latest

Key Points

1. The dismissal of appeals in the Ripple vs. SEC case has renewed interest in an XRP ETF, with industry figures like Nate Geraci suggesting BlackRock may file for one soon.

2. Nate Geraci, President of The ETF Store, stated it makes 'zero sense' for BlackRock to ignore crypto assets beyond Bitcoin and Ethereum, hinting at potential XRP ETF interest.

3. Elio, another influential figure, claimed BlackRock might apply for an XRP ETF as early as next week, though this remains unconfirmed.

4. Legal clarity around XRP's status as a non-security in secondary markets has opened doors for institutional interest in XRP-related ETFs.

5. BlackRock's history of launching Bitcoin and Ethereum ETFs fuels speculation that an XRP ETF could be next, though no official filings have been made public.