๐Ÿ“ข Could a BlackRock XRP ETF Be Next?

โš–๏ธ With the Ripple vs. SEC case finally closed โ€” affirming XRP is not a security in retail transactions โ€” speculation is heating up.

๐Ÿ’ฌ Nate Geraci, President of The ETF Store, believes BlackRock may soon file for an XRP ETF via its iShares platform, suggesting the asset manager had been waiting for legal clarity.

๐Ÿ“ข This comes after both Ripple and the SEC jointly dismissed all remaining appeals, ending a legal battle that began in December 2020.

โš ๏ธ Not everyone agrees:

โ–ซ๏ธ Eric Balchunas (Bloomberg ETF Analyst) doubts a filing is imminent, citing diminishing returns beyond Bitcoin & Ethereum.

โ–ซ๏ธ DC Investor warns issuers might avoid XRP ETFs to protect retail investors from potential losses in highly volatile assets.

๐Ÿ’ก Whatโ€™s certain is that the legal resolution gives U.S. exchanges & financial products far more freedom to list and integrate XRP.

โšก๏ธ Meanwhile, Ripple is moving fast โ€” announcing a $200M acquisition of Rail to strengthen stablecoin infrastructure for its RLUSD project.

๐Ÿ“ˆ Whether or not BlackRock makes the move, the post-lawsuit landscape for XRP looks more open โ€” and competitive โ€” than it has in years.

#XRP #Ripple #ETF #BlackRock #Crypto

https://coingape.com/blackrock-xrp-etf-filing-expected-as-ripple-lawsuit-ends-expert-says/?utm_source=bnb&utm_medium=coingape