Ripple Labs CEO Brad Garlinghouse recently discussed the potential for Spot XRP ETFs in an interview on Fox Business. Garlinghouse expressed optimism about the future of XRP, SOL, and ADA, following the path set by Ethereum and Bitcoin in receiving Spot crypto ETFs.
Speaking to Fox Business reporter Liz Claman, Garlinghouse doubled down on his optimism that an XRP ETF may be coming next. He discussed how the Spot Ethereum ETF opened the door for future ETFs around other assets like XRP. The SEC’s losing battle against cryptocurrency. Speaking about the SEC potentially making the fight for an XRP ETF difficult for Ripple, Garlinghouse emphatically said, “An XRP ETF is just simply inevitable.” In terms of a timeline, he said, “I think we’re going to see it in 2025.”
An XRP ETF is just simply inevitable.” – Brad Garlinghouse, CEO of Ripple Labs
CryptoPressPro
People don’t want just exposure to one commodity,” Garlinghouse said. He added that it “only makes sense” to add more commodities to the market to give investors more options to trade. Therefore, XRP could be a new competitor to ETH and BTC ETFs on the market, as well as Solana and Cardano’s digital assets.
Furthermore, Brad Garlinghouse also mentioned that “XRP used to be the second most valuable digital asset.” The rise of cryptocurrency over the past few years has given healthy competition for Ripple’s digital asset.
good news