Nate Geraci, President of The ETF Store, believes that the worlds largest asset manager BlackRock will file for an XRP ETF.

If true and if history is any indicator, this could have a long-term positive impact on XRP as an asset, following in the footsteps of ETH and even BTC.

BlackRock XRP ETF a Possibility According to Expert

Geraci believes that its only logical for BlackRock to file for an XRP ETF. He cited the asset managers attempt to position itself as a thought leader, and thinks that it wouldnt make a lot of sense for the financial behemmoth to ignore a top-five non-stablecoin cryptocurrency by means of total market capitalization. He also thinks the firm will file for a spot Solana (SOL) ETF.

He also believes that they will be filing for an index-based crypto ETF:

If launching index-based crypto ETF (which Im highly confident they will), then youre launching individual spot ETFs. I get the BlackRock is all in on ETH, or they think XRP is scam. This is all about business. They open up flank not pursuing additional spot ETFs IMO.

To this, he also added that by failing to add more individual spot ETFs, BlackRrock would essentially send a message to their clients and prospective investors that there will only ever be two winners in crypto: BTC and ETH.

He also said that they are still early because one of their main competitors is still following the blockchain, not bitcoin meta.

Sticking w/ prediction that BlackRock will launch both xrp sol ETFs…

Doesn’t make sense that world’s largest asset manager ( current leader in both spot btc eth ETFs) would ignore two top 5 non-stablecoin crypto assets.

I also expect them to launch index-based crypto ETF.

XRP ETFs The New Meta?

Its perhaps safe to assume that a major deterrent for large-scale asset managers to file for XRP ETFs was the ambiguity surrounding its legal status amid the case between the US Securities and Exchange Commission and Ripple Labs.

Now that this has almost been resolved, and following the Commissions newfound crypto-oriented focus, investors and asset managers are far more confident in the US-based crypto company. This has also largely been reflected in XRPs price, which is up by a staggering 400% in the last year.

Multiple companies have already filed for a spot XRP ETF, including Franklin Templeton, Bitwise, Canary Capital, Grayscale, 21Sharse, and WisdomTree.