BlackRock’s Potential XRP ETF
Plan: Apply for an XRP ETF with the SEC after Ripple’s appeal case concludes.
Goal: Broaden crypto ETF offerings beyond BTC & ETH.
Critique: Nate Geraci (The ETF Store) says BlackRock’s BTC/ETH focus implies only those assets have real value.
Skepticism: Bloomberg’s Eric Balchunas doubts an XRP ETF would match BTC/ETH popularity, warning of diminishing returns for new crypto ETFs.
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