Nate Geraci—President of The ETF Store, host of ETF Prime, and Co-Founder of The ETF Institute—has expressed renewed confidence in a future spot XRP exchange-traded fund (ETF) in the United States. Geraci’s comments emerged via X, where he stated, “Ripple lawsuit coming to an end… Seems obvious spot XRP ETF approval simply a matter of time IMO. And yes, I expect BlackRock, Fidelity, etc. to all be involved. XRP is currently the 3rd largest non-stablecoin crypto asset by market cap. The largest ETF issuers aren’t going to ignore this.”
Geraci, who had already forecast a spot ETF filing by BlackRock in mid-March, reiterated that it is increasingly plausible for major asset managers to explore opportunities in top altcoins beyond Bitcoin and Ethereum. On March 14, he predicted: “I’m ready to log formal prediction… BlackRock will file for both Solana & XRP ETFs. Solana could be any day. Think XRP once the SEC lawsuit concludes.”
The expert underscored BlackRock’s position as a leader—followed closely by Fidelity—in assets under management for both spot Bitcoin and spot Ethereum ETFs. He stated, “I simply don’t see them allowing competitors to come in & launch ETFs on two of the top five non-stablecoin crypto assets without some sort of fight. I also believe BlackRock will file for crypto index ETFs.”
Notably, Fidelity’s recent filing for a spot Solana ETF reinforces the idea that leading fund issuers are actively entering the altcoin ETF arena.
XRP Lawsuit End Opens The Door
Geraci’s renewed optimism aligns with the announcement from Ripple Chief Legal Officer (CLO) Stuart Alderoty, who recently provided his “last update on SEC v Ripple ever.” Last week, the U.S. Securities and Exchange Commission (SEC) agreed to drop its appeal against Ripple.
“Ripple has now agreed to drop its cross-appeal. The SEC will keep $50M of the $125M fine (already in an interest-bearing escrow in cash), with the balance returned to Ripple. The agency will also request the Court to lift the standard injunction that was imposed earlier at the SEC’s request,” Alderoty noted.
However, pro-XRP attorney Fred Rispoli clarified that the case is not entirely wrapped up until the SEC’s formal vote and subsequent filings are processed. According to standard timelines, it could take up to 30 days for the Commission to vote and another 30 days for Judge Torres to sign off on lifting the injunction.
In an ideal scenario, observers could anticipate a fully resolved matter within approximately 60 days. The resolution of the SEC lawsuit against Ripple would ostensibly remove a significant barrier to major institutional products linked to XRP, thereby making Geraci’s prediction of a spot XRP ETF more plausible.
As of the time of writing, XRP is trading at $2.4495.
