Opinion: BlackRock Will Submit Application for XRP Spot ETF to SEC

According to Mars Finance news on August 8, Nate Geraci, president of The ETF Store, revealed that after the resolution of the Ripple lawsuit, BlackRock will submit an application for an XRP ETF to the U.S. Securities and Exchange Commission to promote the diversification of cryptocurrency ETF portfolios. Nate Geraci stated that BlackRock's neglect of other crypto assets is meaningless, and if BlackRock does not do this, it is like telling the market that only BTC and ETH have value.