Despite BlackRock’s resolute declaration that XRP shall not be adorned with the stately robe of an ETF-at least not yet-the rumor persists, refusing to be buried beneath the digital detritus of social media chatter. 🚑💀 ETF Store’s President, Nate Geraci, sits brooding atop his analytical throne, casting sidelong glances toward a future lineup shimmering with both XRP and Solana spot ETFs. But not today, darling, not today: patience, as Nabokov might sigh, is the ultimate currency in the palace of speculation.
The drama unfolded on X (a letter, a mystery, a social-media Sphinx), where BlackRock’s spokesperson tried to extinguish flickering hope with a simple “not at this time.” Geraci, the sly fox, avoided debating reality like one avoids mayonnaise at a fine luncheon, but he let slip his conviction: XRP’s metamorphosis into an ETF is as inevitable as a moth to a Nabokovian flame. Or a moth to a Tesla-choose your century.
This conviction gains gravity now that Ripple‘s protracted legal tango with the SEC has-cue violins of anticlimax-stumbled to an official halt. A joint filing last week shuttered all appellate doors, confirming Judge Analisa Torres’ 2023 decree: Yes, institutional riff-raff selling XRP violated the sacred securities law; no, retail exchange sales did not. XRP, much to everyone’s simultaneous relief and disappointment, is not a security. Its legal status glimmers for the first time in years with the clarity of an over-polished monocle. 🔍✨
What BlackRock’s XRP ETF could do to XRP (besides invite even more drama)
Imagine, if you will, BlackRock-already the proud curator of cryptocurrency’s elite, Bitcoin and Ethereum-wrestling with a bout of existential clarification before anointing XRP. 🍾 Should the mighty gatekeepers approve, institutions might finally get their regulated slice of XRP pie, without fumbling through the labyrinthine wonders of digital exchanges. Increased liquidity? Certainly. Smoother payments and banking integration? Perhaps. Swarms of analysts preening before their Bloomberg terminals? Absolutely. 💸🕺
For now, BlackRock’s answer is an icy “no.” But in a world where timing, rules, and competitive zeal have all the subtlety and predictability of Nabokov’s butterflies, that “no” may flutter into “next” faster than one can say, “ETF, please!”
Read More
- ETH PREDICTION. ETH cryptocurrency
- Silver Rate Forecast
- USD IDR PREDICTION
- USD BRL PREDICTION
- Gold Rate Forecast
- USDE PREDICTION. USDE cryptocurrency
- USD MYR PREDICTION
- EUR RUB PREDICTION
- USD PKR PREDICTION
- USD COP PREDICTION
2025-08-10 13:52