The crypto ETF race is getting attention-grabbing, and ETF skilled Nate Geraci isn’t holding again. In a put up that’s doing rounds, Geraci identified the irony that whereas funding big Vanguard is now the largest shareholder of MicroStrategy, an organization well-known for its huge Bitcoin holdings, it nonetheless refuses to supply spot Bitcoin ETFs by itself platform.
“When you don’t see the irony right here, I don’t know what to inform you,” Geraci stated, hinting it’s excessive time Vanguard opened its doorways to crypto ETFs.
Wanting forward, Geraci stated that BlackRock ought to get extra aggressive within the crypto house by submitting for spot ETFs on fashionable tokens like XRP, Solana, and even a broader crypto index. He additionally feels companies like State Road and Schwab are falling behind and may transfer rapidly to remain within the recreation.
2) Not too late for State Road (third largest ETF issuer) to enter class. Actually don’t perceive technique right here. Do they suppose they’re someway defending gold ETFs?
3) Schwab ought to file for/launch spot crypto ETFs. Why give benefit to Constancy, their major competitor?
— Nate Geraci (@NateGeraci) July 15, 2025
Based on a latest Bloomberg report, a number of crypto tokens are lined up for potential ETF approvals in 2025. The frontrunners? Solana, XRP, Litecoin, Dogecoin, Cardano, Polkadot, Hedera, and Avalanche. However Geraci and different market watchers consider XRP and Solana have the perfect shot, due to sturdy curiosity from large monetary companies and strong community development.
Whereas ETF launches typically spark worth surges beforehand, they will additionally set off a “promote the information” dip as soon as they go reside. The market has seen it earlier than with Bitcoin and Ethereum ETFs. That stated, initiatives with sturdy fundamentals and big-name partnerships are likely to bounce again and carry out nicely over time.
Proper now, XRP appears particularly well-positioned. It has low publicity in present Grayscale trusts, a rising checklist of monetary service partnerships, and several other ETF functions already in movement. Solana isn’t far behind, with one of the crucial lively networks out there and rising institutional backing.
If every thing goes as anticipated, the second half of 2025 could possibly be enormous for crypto ETFs — and names like XRP and Solana may lead the cost.