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Nate Geraci, President of ETF Store, predicts BlackRock will soon file for an XRP ETF, joining competitors like Bitwise and Franklin Templeton. With the Ripple vs. SEC case nearing resolution, institutional interest in XRP is heating up. The SEC’s cautious approach, however, means delays are likely.
- BlackRock is expected to file for an XRP ETF, joining competitors like Bitwise and Franklin Templeton, who have already submitted applications.
- The SEC has extended review periods for multiple XRP ETF filings, including Franklin Templeton’s and Bitwise’s, citing procedural evaluations.
- Analysts estimate an 85% chance of XRP ETF approval, viewing SEC delays as standard rather than indicative of rejection.
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