cyrpto analyst, BlackRock, ETFs, file, predicts, Solana, XRP Mark March 14, 2025 0 Comments

BlackRock may file for Solana, XRP ETFs, analyst predicts

Blackrock is likely to deposit funds negotiated by Solana and XRP, according to Nate Geraci, president of the ETF store.

In a post of March 14 on X, Geraci predicted that BlackRock would not allow competitors to dominate the FNB for two of the five best non -stable assets. He is waiting for a Solana (GROUND) Place soon, while a ripple (Xrp) The deposit may take place after the conclusion of the Securities and Exchange Commission securities trials.

I am ready to record a formal prediction …

Blackrock will deposit * both * Solana and XRP ETF.

Solana could be any day. Think of XRP once the dry trial ended.

– Nate Geraci (@nateraci) March 14, 2025

Institutional demand for Solana and XRP ETFs could be important. SEC has already received requests from a certain number of asset managers, in particular Gray levelsBitwise, Franklin Templeton, Vaneck, Canary Capital and 21Shares.

According to JPMorgan analysis Shared with Fortune in January, Solana ETF could see $ 3 billion at $ 6 billion in entries within 6 to 12 months, while ETF XRP can see $ 4 billion at $ 8 billion, based on Bitcoin adoption rates (BTC) and Ethereum (Ethn) ETF.

Despite the growing interest in XRP ETF, XRP’s regulatory status is still unknown. In 2020, Ripple Labs was prosecuted by the SEC, allegedly because XRP was offered for sale as unregistered security.

A judge judged in July 2023 that, although the institutional sales of XRP were considered to be offers of unregistered securities, the token is not necessarily a guarantee when it was exchanged on the secondary markets. However, the SEC continued its legal battle, but the case could soon arrive at a resolution.

According to March 12, the journalist of Fox Business Eleanor Terrett job On X, the dry and Ripple are now working on a resolution. The settlement talks would have focused on adapting penalties and alignment with recent dry policy changes.

Given the greatest thrust for regulations clarity In the cryptocurrency space, Terrett stressed that ongoing discussions concern if Ripple should always be subject to penalties under the new DIA management. If XRP is reclassified as merchandise, this could increase the chances of approval of the FNB.