According to Nate Geraci, President of NovaDius Wealth Management, BlackRock is expected to file for a spot XRP ETF once the legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) is fully resolved. This move would mark a strategic effort by the firm to expand its cryptocurrency ETF offerings beyond just Bitcoin and Ethereum.
Geraci believes that the diversification an XRP ETF would bring to crypto portfolios makes it a logical next step for BlackRock. The recent resolution of the lawsuit, where both Ripple and the SEC dropped their appeals, removes a significant legal obstacle that was previously preventing the launch of such products.
The market has reacted positively to this news, with strong community sentiment reflecting anticipation for broader institutional involvement in the XRP space. This development underscores a growing trend of major financial players seeking to offer a wider variety of crypto investment products to meet investor demand.
August 2025, Cryptoniteuae
