{"id":19141,"date":"2025-03-26T11:32:23","date_gmt":"2025-03-26T11:32:23","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=19141"},"modified":"2025-03-26T11:32:23","modified_gmt":"2025-03-26T11:32:23","slug":"spot-xrp-etf-matter-of-time-expert-expects-blackrock-to-join-the-race","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=19141","title":{"rendered":"Spot XRP ETF \u2018Matter Of Time\u2019: Expert Expects BlackRock To Join The Race"},"content":{"rendered":"
\n

Nate Geraci\u2014President of The ETF Store, host of ETF Prime, and Co-Founder of The ETF Institute\u2014renewed his confidence in a future spot XRP exchange-traded fund (ETF) in the United States.<\/p>\n

Geraci\u2019s comments<\/a> arrived via X, where he stated, \u201cRipple lawsuit coming to end\u2026 Seems obvious spot XRP ETF approval simply matter of time IMO. And yes, I expect BlackRock, Fidelity, etc to all be involved. XRP currently 3rd largest non-stablecoin crypto asset by market cap. Largest ETF issuers aren\u2019t going to ignore this.\u201d<\/p>\n

Geraci, who had already forecast<\/a> a spot ETF filing by BlackRock in mid-March, reiterated that it is increasingly plausible that major asset managers will seek to tap into top altcoins beyond Bitcoin and Ethereum. On March 14, he wrote: \u201cI\u2019m ready to log formal prediction\u2026 BlackRock will file for both solana & xrp ETFs. Solana could be any day. Think XRP once SEC lawsuit concluded.\u201d<\/p>\n

The expert emphasized that BlackRock is currently the leader (followed by Fidelity) by assets under management for both spot Bitcoin and spot Ethereum ETF. \u201cI simply don\u2019t see them allowing competitors to come in & launch ETFs on 2 of the top 5 non-stablecoin crypto assets w\/out any sort of fight. I also believe BlackRock will file for crypto index ETFs btw,\u201d Geraci stated.<\/p>\n

Notably, yesterday\u2019s filing by Fidelity for a spot Solana ETF filing appears to reinforce the notion that leading fund issuers are stepping into the altcoin ETF domain.<\/p>\n

XRP Lawsuit End Opens The Door<\/h2>\n

Geraci\u2019s renewed optimism comes on the heels of yesterday\u2019s announcement<\/a> from Ripple Chief Legal Officer (CLO) Stuart Alderoty, who provided what he characterized as his \u201clast update on SEC v Ripple ever.\u201d Last week, the US Securities and Exchange Commission (SEC) agreed to drop its appeal<\/a> against Ripple.<\/p>\n

\u201cRipple has now agreed to drop its cross-appeal. The SEC will keep $50M of the $125M fine (already in an interest-bearing escrow in cash), with the balance returned to Ripple. The agency will also ask the Court to lift the standard injunction that was imposed earlier at the SEC\u2019s request. All subject to Commission vote, drafting of final documents and usual court processes,\u201d Alderoty revealed.<\/p>\n

Nonetheless, pro-XRP attorney Fred Rispoli has clarified<\/a> via X that the case is not entirely concluded until the SEC\u2019s formal vote and subsequent filings have been processed. Based on standard timelines, Rispoli suggests it could take up to 30 days for the Commission to vote and another 30 days for Judge Torres to sign off on lifting the injunction.<\/p>\n

In the best-case scenario, observers could see a fully resolved matter within roughly 60 days. The formal conclusion of the SEC lawsuit against Ripple would ostensibly remove a central barrier to major institutional products tied to XRP, thereby making Geraci\u2019s spot XRP ETF prediction more plausible.<\/p>\n

At press time, XRP traded at $2.4495.<\/p>\n

\"XRP<\/div>\n","protected":false},"excerpt":{"rendered":"

Nate Geraci\u2014President of The ETF Store, host of ETF Prime, and Co-Founder of The ETF Institute\u2014renewed his confidence in a future spot XRP exchange-traded fund (ETF) in the United States. Geraci\u2019s comments arrived via X, where he stated, \u201cRipple lawsuit coming to end\u2026 Seems obvious spot XRP ETF approval simply matter of time IMO. And […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-19141","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19141"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19141\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}