TechFlow news, on August 8, Nate Geraci, ETF expert and former president of The ETF Store, as well as current president of NovaDius Wealth Management, posted on X indicating that after the resolution of Ripple's appeal case, BlackRock is expected to file an application with the U.S. Securities and Exchange Commission for an XRP ETF, aiming to diversify its cryptocurrency ETF portfolio.
However, Nate Geraci specifically clarified that he would take responsibility if his prediction turns out to be wrong. He frankly admitted it makes no sense to ignore crypto assets beyond Bitcoin and Ethereum, otherwise it would be like telling the market that only BTC and ETH have value.
Previous report, the U.S. SEC and Ripple have both dropped their appeals in the litigation case, leaving the original ruling unchanged.
