"BlackRock Expected to Apply for Solana and XRP Spot ETFs"

Source
Suehyeon Lee

Summary

  • It was reported that BlackRock may apply for Solana (SOL) and XRP spot ETFs.
  • Nate Geraci, CEO of ETF Store predicted that the Solana ETF could be applied for at any time.
  • He stated that the XRP ETF is likely to be applied for after the lawsuit with the SEC concludes.

BlackRock, which currently manages Bitcoin (BTC) and Ethereum (ETH) spot ETFs, is expected to apply for both Solana (SOL) and XRP spot ETFs.

On the 14th (local time), Nate Geraci, CEO of ETF Store, said, "BlackRock is expected to apply for both Solana and XRP ETFs."

He further predicted, "The Solana ETF could proceed at any time, while the XRP ETF is likely to be applied for after the conclusion of the lawsuit with the Securities and Exchange Commission (SEC)."

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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