- XRP Grayscale Fund’s potential SEC approval before Solana ETF.
- Grayscale’s multi-asset fund includes major cryptocurrencies.
- Nate Geraci anticipates shifts in market liquidity.
Nate Geraci, President of The ETF Store, predicts that the XRP-heavy Grayscale Fund will secure approval from the SEC before a dedicated Solana ETF. His commentary was published on June 12, 2025, after Grayscale’s filing with the SEC.
Nate Geraci’s prediction signals significant implications for multi-asset crypto ETFs. If the SEC approves this fund, it could lead to increased cryptocurrency investment, impacting the liquidity and valuation of involved assets such as XRP and Solana.
Grayscale, a prominent crypto asset manager, filed an S-3 Form with the SEC to convert the Grayscale Digital Large Cap (GDLC) into an ETF. This fund encompasses assets like Bitcoin, Ethereum, XRP, and Cardano, with over $796 million under management. Nate Geraci, a recognized ETF expert, emphasizes Grayscale’s advantage in gaining argumented support before Solana ETFs.
These developments could enhance market liquidity for GDLC’s key crypto assets, aligning with previous ETF paths that led to increased institutional capital inflows. Institutional engagement would boost the legitimacy and accessibility of these cryptocurrencies. Historical trends with Bitcoin ETFs have shown similar capital influx and price climbs. Grayscale’s ETF application represents a pivotal moment for crypto asset investment, signaling regulatory advancements. Data suggests these legal changes could stabilize the market, inviting broader investor participation.
“It’s pretty clear where this is all heading.” — Nate Geraci, President, The ETF Store
Strict regulatory scrutiny transforms investment landscapes, encouraging diversified portfolios with favorable results. Engagement shifts, market adaptations, and investment behaviors emerge from expected ETF approvals.
The potential approval prepares pivotal financial realignments, offering new speculative routes. Analyzing prior ETF trends, this advancement might boost digital currency valuations, diversity, and appeal. The consistent market reaction highlights the profound influence of such financial tools.
