Big Claim from ETF Analyst: "BlackRock is Getting Ready to Apply for XRP and Solana ETF!" - Provided a Date!

Following the approval of Bitcoin and Ethereum ETFs, ETF applications have been submitted for many altcoins such as XRP, Solana (SOL), Litecoin (LTC), and Dogecoin (DOGE).

BlackRock has not applied for an ETF for any altcoin other than BTC and ETH so far, as a new name joins the Altcoin ETF race every day.

As the world's largest asset manager, BlackRock is expected to apply for an XRP ETF, especially when ETF analyst Nate Geraci said it is likely that BlackRock will apply for Solana and XRP ETFs.

In a post from The ETF Store CEO Nate Geraci's account, he mentioned that BlackRock is expected to apply for Solana and XRP ETFs soon.

Geraci, who believes that the SOL ETF application could soon be realized, stated that the XRP ETF would be done after the SEC case is resolved.

"I am ready to announce my official prediction...

BlackRock will apply for both Solana and XRP ETFs.

Solana application can happen at any time. The XRP application will happen when the SEC case is resolved.

BlackRock is currently the leader in terms of asset in both Bitcoin and Ethereum ETFs...

I do not think BlackRock will allow other companies to launch ETFs for SOL and XRP, which are among the top 5 altcoins.

The possibility of BlackRock applying for SOL and XRP spot ETFs aligns with the broader crypto expansion following the launch of the iShares Bitcoin (IBIT) and Ethereum (ETHA) ETFs, which have attracted significant institutional inflows.

Investment giant Franklin Templeton became the latest major player to enter the XRP ETF race earlier this week.