{"id":20712,"date":"2025-04-05T09:31:34","date_gmt":"2025-04-05T09:31:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20712"},"modified":"2025-04-05T09:31:34","modified_gmt":"2025-04-05T09:31:34","slug":"blackrock-will-offer-spot-xrp-and-solana-etfs-insider-claims","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20712","title":{"rendered":"BlackRock Will Offer Spot XRP And Solana ETFs, Insider Claims"},"content":{"rendered":"
\n

Andrew Parish, the founder of x3 and a frequent source of high-level information on X, has stirred the crypto community with his latest claim<\/a> that the world\u2019s largest asset manager, BlackRock, \u201cwill eventually capitulate and offer both XRP and SOL ETF\u2019s.\u201d<\/p>\n

Parish conveyed that sources close to the matter have told him \u201ccrypto floodgates have opened, 2025 filings expected,\u201d while also suggesting that BlackRock leadership has indicated \u201cwe may not be first, but we will give clients choices,\u201d and that \u201cif nothing else, both will be included in crypto asset class products\u201d because \u201ccrypto assets are an unprecedented growth opportunity.\u201d<\/p>\n

This is not the first time Parish has shared alleged insider knowledge that turned out to be accurate. On March 17, he posted an update in which he cited \u201ctwo SEC sources\u201d who believed that the Ripple case was \u201cvery close to ending,\u201d adding that these sources expected \u201cXRP to get serious commodity consideration\u201d and a \u201cgreatly reduced fine; GREATLY reduced.\u201d He also emphasized that \u201cnew leadership knows this case and how they handle it is a big deal; precedent.\u201d<\/p>\n

Just two days after Parish released that information, Ripple CEO Brad Garlinghouse took to X to announce that the US Securities and Exchange Commission would drop its appeal,<\/a> lending credence to Parish\u2019s track record. It is also worth noting that the US Securities and Exchange Commission actually reduced its penalty significantly<\/a> from $125 million to $50 million, as revealed by Parish.<\/p>\n

Will BlackRock Launch A Spot XRP ETF?<\/h2>\n

While Parish\u2019s assertion regarding a future spot XRP ETF offering may seem bold, he is not alone in his assessment. Nate Geraci, President of The ETF Store, Host of ETF Prime, and Co-Founder of The ETF Institute, has similarly predicted<\/a> that BlackRock will seek to expand its crypto footprint beyond Bitcoin and Ethereum.<\/p>\n

Geraci noted three weeks ago, \u201cI\u2019m ready to log formal prediction\u2026 BlackRock will file for both Solana & XRP ETFs,\u201d pointing out that in his view \u201cSolana could be any day. Think XRP once SEC lawsuit concluded.\u201d According to Geraci, BlackRock\u2019s motivation lies in its current dominance by assets in Bitcoin and Ether ETFs.<\/p>\n

He believes the firm will be reluctant to allow competitors to break ground with major altcoin ETFs, stating that \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<\/p>\n

Geraci\u2019s reasoning underscores a notable shift from BlackRock\u2019s previously cautious stance on additional cryptocurrency ETFs. In July of last year, the firm\u2019s Chief Information Officer, Samara Cohen, told Bloomberg that BlackRock had no imminent plans to roll out altcoin products beyond Bitcoin and Ethereum. Jay Jacobs, BlackRock\u2019s US Head of Thematic and Active ETFs, reinforced that perspective in December, saying the company was predominantly focused on its existing crypto investment offerings.<\/p>\n

Additional remarks from Parish reveal that he has been hearing similar timelines and predictions from unnamed \u201cETF execs in the know.\u201d In one update posted two weeks ago, Parish mentioned anticipating a variety of spot crypto ETF approvals beginning in Q2, including an expected timeframe of \u201cXRP early Q2,\u201d \u201cLTC early Q2,\u201d \u201cSOL late Q2,\u201d and \u201cHBAR early Q3,\u201d while also pointing to the possibility of \u201cbasket\u201d crypto ETF products and leveraged long or short funds. His sources, he said, predict that \u201c2025 is the year of crypto ETF\u2019s.\u201d<\/p>\n

At press time; XRP traded at $2.04<\/p>\n

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

Andrew Parish, the founder of x3 and a frequent source of high-level information on X, has stirred the crypto community with his latest claim that the world\u2019s largest asset manager, BlackRock, \u201cwill eventually capitulate and offer both XRP and SOL ETF\u2019s.\u201d Parish conveyed that sources close to the matter have told him \u201ccrypto floodgates have […]<\/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-20712","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\/20712","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=20712"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20712\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}