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Opinion: BlackRock will submit an XRP Spot ETF application to the SEC.
According to Mars Finance news on August 8, Nate Geraci, president of The ETF Store, disclosed that after the resolution of the Ripple lawsuit, BlackRock will submit an XRP ETF application to the SEC to promote diversification in the Crypto Assets ETF portfolio. Nate Geraci stated that it is pointless for BlackRock to ignore other crypto assets, and if BlackRock does not do this, it is as if they are telling the market that only BTC and ETH are valuable.