As the race for crypto ETFs intensifies, speculation is mounting that BlackRock – the world’s largest asset manager – could be preparing to file for spot ETFs tied to XRP and Solana. The buzz began after Nate Geraci, President of NovaDius Wealth Management and The ETF Store, confidently stated in a recent interview that he believes such filings are imminent.
Geraci’s remarks came during an episode of the Thinking Crypto Podcast hosted by Tony Edward. In the interview, Geraci doubled down on his earlier predictions, claiming he’s “on record” with the view that BlackRock will file for both XRP and Solana spot ETFs “soon.” According to him, we’re now “getting a little late” in the ETF approval cycle, hinting that timing is key and BlackRock may be looking to act before the regulatory window shifts again.
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SEC Moves Pave the Way
Recent developments from the SEC support the growing belief that new ETF filings may be just around the corner. The Commission recently approved in-kind creations and redemptions for crypto ETPs, a key logistical hurdle that had previously slowed the process. However, there are still delays in launching index ETFs from firms like Grayscale and Bitwise, and questions remain around whether Ethereum staking will be approved in ETF structures.
Still, the broader sentiment is shifting. Bitcoin and Ethereum ETFs continue to see strong inflows, and institutional appetite for diversified crypto exposure seems to be growing. Geraci noted that BlackRock’s entry into XRP and Solana would mark a significant expansion beyond the usual Bitcoin-Ethereum duopoly.
Clues From BlackRock’s CEO?
Adding fuel to the speculation is a widely circulated response from BlackRock CEO Larry Fink. When asked directly about an XRP ETF, Fink didn’t confirm – but he also didn’t deny. Instead, he said: “I can’t answer that.” That carefully worded response has been interpreted by many in the crypto community as a soft signal that something is indeed in the works.
Community Reaction: Hope and Hype
On X (formerly Twitter), crypto users were quick to pick up the scent. Accounts like @SolanaFloor and @raderevaluate amplified Geraci’s statements, calling the move a “potential game-changer.” Others like @Cycle3 took a more skeptical stance, arguing that past ETF approvals had little to no impact on token prices and warning against “falling for the hype.”
Still, some observers noted that Ripple’s growing ecosystem, including its RLUSD stablecoin, could tie into a broader institutional strategy – one where ETFs play a central role in bridging traditional finance and crypto rails.
Read also: Cardano Launches Midnight Airdrop Portal for ADA and XRP Users
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