NovaDius president once again responded to BlackRock's application for XRP and SOL ETFs: I believe in previous judgments and will not comment on certain reports
2025-08-10 02:14:46
Nate Geraci, a former president of The ETF Store and now president of NovaDius Wealth Management, previously posted on the X platform that BlackRock will file an XRP ETF application with the Securities Exchange Commission to promote the diversification of cryptocurrency ETF portfolios. Subsequently, The Block reporter Sarah Wynn wrote an article claiming that BlackRock spokesperson said there is no plan to submit XRP or SOL ETF, Nate Geraci responded again saying that he still believes BlackRock will apply for spot XRP and SOL ETF, but declined to comment on some reports. According to his retweet, The Block related reports may have been confirmed as false news and taken out of context. BlackRock is negotiating XRP and SOL ETF, but the specific time cannot be confirmed, because the deadline for submitting applications to the SEC is October.
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