Nate Geraci, former president of The ETF Store and current president of NovaDius Wealth Management, previously stated on X platform that BlackRock will submit an XRP ETF application to the U.S. Securities and Exchange Commission to promote diversification of cryptocurrency ETF portfolios. Subsequently, The Block reporter Sarah Wynn claimed in an article that a BlackRock spokesperson stated that there are no plans to submit XRP or SOL ETFs. In response to this, Nate Geraci once again stated that he still believes BlackRock will apply for spot XRP and SOL ETFs, but he did not comment on certain reports. At the same time, according to a retweeted tweet, The Block's related reports have been confirmed as fake news and taken out of context. BlackRock is in talks about XRP and SOL ETFs, but the specific timing cannot be confirmed because the deadline for submitting applications to the SEC is in October.