Recent comments by expert Nate Geraci suggest that BlackRock may file for XRP and SOL ETFs by October 2025. This prospect is generating interest in the cryptocurrency market.
Speculation on ETF Filings
Nate Geraci, president of NovaDius Wealth Management, has indicated that BlackRock may submit applications for spot ETFs on XRP and SOL, coinciding with the SEC deadline in October 2025. These statements are fueling market interest and expectations, although no official confirmation from BlackRock has been made.
Historical Context and Market Data
According to CoinMarketCap data as of August 10, 2025, XRP is priced at $3.19, with a market cap of $188.95 billion. The 24-hour trading volume decreased by 13.88%, but XRP's price has increased by 37.26% over the past 60 days. Such data indicates that the cryptocurrency market is poised to react to potential changes.
Expert Analysis and Impact
The Coincu research team highlights that the filing for ETFs by BlackRock could lead to significant financial and regulatory shifts. Anticipated institutional interest may increase volatility for XRP and SOL, which could strengthen the infrastructure of the digital asset market.
Speculations around BlackRock's potential ETF filings create positive expectations among investors. It is essential to monitor developments in the regulatory environment and market sentiment.
