BlackRock eyes XRP ETF after Ripple scores court win
Ripple’s long legal clash with the U.S. Securities and Exchange Commission (SEC) has officially come to a close with the two parties filing a joint dismissal. However, while the legal saga may be over, speculation about the future of Ripple and XRP is not losing any steam. BlackRock appears to be in the centre of everyone’s attention as the market debates whether the world’s largest asset manager is going to file for a spot XRP exchange-traded fund (ETF). Is a new XPR ETF coming? A number of analysts are already optimistic about potential ETF filings on BlackRock’s part. For instance, Nate Geraci, president of The ETF Store , thinks this is an ideal moment for the fund to diversify its crypto holdings beyond Bitcoin (BTC) and Ethereum (ETH). “Yes, I think BlackRock was waiting to see this before filing for iShares XRP ETF… I’ll own it if I’m wrong. IMO, makes *zero* sense for them to ignore crypto assets beyond btc & eth. Otherwise, th...