BlackRock Expected to File for SOL and XRP Spot ETFs

In Brief:

Nate Geraci, President of The ETF Store, expects BlackRock to apply for Solana (SOL) and XRP spot ETFs.

The SOL ETF application could be filed soon, while XRP’s filing depends on the SEC lawsuit resolution.

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According to Nate Geraci, BlackRock is likely preparing to launch Solana (SOL) and XRP spot ETFs, marking another step in the institutional adoption of crypto. The SOL ETF application could be filed at any time, while XRP’s approval remains tied to the outcome of Ripple’s ongoing legal battle with the SEC.

BlackRock’s previous Bitcoin and Ethereum spot ETF approvals set a precedent, making it likely the firm will expand its crypto offerings. If approved, SOL and XRP ETFs could open new investment avenues, attracting both retail and institutional capital.

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