The ETF Store President: Believing BlackRock will eventually apply for spot XRP ETF

According to a report by Golden Finance, Nate Geraci, President of The ETF Store, stated that he firmly believes BlackRock will eventually apply for a spot XRP ETF. Geraci pointed out in his recent comments that BlackRock has always been in a leading position in Bitcoin and Ethereum ETFs, so there is no reason for other companies to take the lead in XRP or Solana. He also expects BlackRock to launch an index based crypto ETF. It is worth noting that this industry commentator has recently stated that the Grayscale Digital Large Cap Fund, which includes XRP, may become the next approved ETF. Geraci's recent comments were made after a series of early predictions. As early as March 2025, he had stated that once Ripple's legal battle with the SEC ended, BlackRock may immediately submit an application. At the time, he believed that major institutions like BlackRock and Fidelity would not want other companies to dominate the growing field of altcoin ETFs. Meanwhile, last month, he also emphasized a milestone that could support spot XRP ETFs: the launch of regulated XRP futures on the Chicago Mercantile Exchange. Geraci believes that this is an important step towards making XRP ETFs more likely to be realized, as futures contracts typically pave the way for spot ETF applications.