Geraci predicts that BlackRock won’t allow competitors to dominate ETFs for two of the top five non-stablecoin cryptocurrencies, anticipating a Solana filing imminently, while an XRP filing may follow the resolution of the SEC’s ongoing lawsuit against Ripple Labs.
This move reflects growing institutional interest, with the SEC already receiving applications from major asset managers like Grayscale, Bitwise, Franklin Templeton, VanEck, Canary Capital, and 21Shares. According to a January JPMorgan analysis shared with Fortune, Solana ETFs could attract $3 billion to $6 billion in inflows within 6 to 12 months, while XRP ETFs might see $4 billion to $8 billion, mirroring the adoption rates of Bitcoin and Ethereum ETFs. Stay informed on crypto ETF trends with
Crypto Market Insights on news.thecoininfo.com, and explore in-depth analysis on The Coin Info Hub at thecoininfo.com.I’m ready to log formal prediction…
BlackRock will file for *both* solana & xrp ETFs.
Solana could be any day. Think xrp once SEC lawsuit concluded.
— Nate Geraci (@NateGeraci) March 14, 2025
However, XRP’s regulatory status remains uncertain, complicating its ETF prospects. In 2020, the SEC sued Ripple Labs, alleging XRP was sold as an unregistered security. While Judge Analisa Torres ruled in July 2023 that institutional XRP sales constituted unregistered securities offerings, she clarified that XRP isn’t inherently a security when traded on secondary markets.
The SEC’s appeal persists, but recent reports from FOX Business journalist Eleanor Terrett on March 12 suggest the agency and Ripple are nearing a resolution through settlement talks, focusing on adjusting penalties and aligning with new SEC leadership policies under a pro-crypto administration. If XRP is reclassified as a commodity, its chances of ETF approval could surge, boosting investor confidence amid Solana’s recent price struggles below its realized price and broader market volatility, including Bitcoin’s drop below $80,000.
For crypto investors, these potential ETF filings signal growing institutional adoption, but their success depends on regulatory clarity and market demand, with resources like Crypto News Updates on news.thecoininfo.com keeping you updated on this critical development.
