A bold new prediction is circulating in the XRP investment community: BlackRock, the world’s largest asset manager, will soon file for an XRP exchange-traded fund (ETF). This forecast comes from prominent industry analyst Geraci, who made his stance clear in a recent tweet, formally predicting BlackRock’s entry into both Solana and XRP ETFs.
I’m ready to log formal prediction…
— Nate Geraci (@NateGeraci) March 14, 2025
BlackRock will file for *both* solana & xrp ETFs.
Solana could be any day. Think xrp once SEC lawsuit concluded.
BlackRock’s Influence on Crypto ETFs
BlackRock’s involvement in cryptocurrency ETFs has been a game-changer. The firm’s Bitcoin ETF, which launched in 2023, sparked unprecedented institutional inflows, pushing Bitcoin’s price from $48,000 to over $100,000 in 2024. With $11.6 trillion in assets under management, BlackRock’s market influence is undeniable.
Crypto enthusiasts now speculate that an XRP ETF could be next, mirroring Bitcoin’s ETF-driven success. While 15 XRP ETF applications have already been filed—including from major players like Grayscale, Franklin Templeton, WisdomTree, and Bitwise—BlackRock has yet to enter the race. However, Geraci believes it’s only a matter of time.
Why BlackRock Will File for an XRP ETF
Geraci outlined key reasons why BlackRock is likely to move forward with an XRP ETF. The firm currently leads the crypto ETF space with the largest Bitcoin and Ethereum fund inflows, overshadowing competitors like Fidelity. With its Bitcoin ETF attracting $39.33 billion and its Ethereum ETF garnering $4.18 billion, BlackRock dominates the market. By comparison, Fidelity’s Bitcoin and Ethereum ETFs have seen inflows of only $11 billion and $1.4 billion, respectively.
Given this competitive edge, Geraci argues that BlackRock will not allow rivals to capitalize on top assets like XRP and Solana without asserting its dominance. He predicts an imminent Solana ETF application, with the XRP filing following closely behind.
SEC Lawsuit Resolution Key to XRP ETF
One major factor holding back an XRP ETF filing is the ongoing lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple. However, recent developments suggest both parties are in settlement discussions, increasing the likelihood of a resolution soon. If the lawsuit concludes favorably, industry insiders believe BlackRock will move swiftly to file its XRP ETF application.
Also Read: New Proposal Suggests XRP as U.S. Strategic Reserve Asset—Here’s What You Need to Know
As anticipation builds, the crypto market is closely watching BlackRock’s next move, with XRP investors eager for a potential institutional-driven rally.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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