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- 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Post original content on Gate Square related to WXTM or its - 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
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Dare to trade. Dare to win.
ETF Expert Reveals: BlackRock Will Apply for Solana and Ripple Very Soon! - Coin Bulletin
It is claimed that the world's largest asset manager BlackRock is preparing to apply for ETF for Solana (SOL) and Ripple (XRP).
Until recently, BlackRock, which was not among the companies applying for a Solana ETF, had surprised the industry. However, ETF expert Nate Geraci stated on his Twitter account that the company's Solana ETF application could be submitted in a short period of time and that he is waiting for the resolution of the SEC case for a Ripple ETF. Geraci stated that he shared this forecast as an official prediction.
BlackRock, currently the largest player in the market in spot Bitcoin (BTC) and Ethereum (ETH) ETFs. The company's Bitcoin ETF, offered under the iShares brand, manages $55.4 billion in assets, while the Ethereum ETF manages $3.7 billion in assets. With such a strong position, it is rumored that the company will not leave room for other giants.
SEC case could be the key to XRP lock
When it comes to Ripple (XRP) ETF, the company is expected to be more cautious. For the XRP ETF, the outcome of the lawsuit between the US Securities and Exchange Commission (SEC) and Ripple is awaited. In the event of a positive outcome of the lawsuit, it is predicted that BlackRock could expedite its ETF application for XRP.
Bitcoin ETFs were launched in January 2024, and Ethereum ETFs in July 2024, attracting great interest. BlackRock's Bitcoin ETF product, named IBIT, continues to maintain its leading position in the industry with the support of approximately 1,100 institutional investors. The increasing institutional interest in Ethereum ETFs may have triggered BlackRock's interest in alternative assets.