Viewpoint: BlackRock will submit an XRP spot ETF application to the SEC

On August 8th, according to Nate Geraci, President of The ETF Store, BlackRock will submit an XRP ETF application to the US Securities and Exchange Commission to promote diversification of its cryptocurrency ETF investment portfolio after the Ripple appeal case is resolved. Nate Geraci stated that it is meaningless for BlackRock to ignore other cryptocurrency assets, and if BlackRock does not do so, it is like telling the market that only BTC and ETH have value.