XRP ETFs 'Inevitable' After Bitcoin and Ethereum Approvals, Says Ripple CEO

Wednesday, 23 October 2024, 14:03

XRP ETFs are considered 'inevitable' after the SEC's recent approvals of Bitcoin and Ethereum. Ripple CEO Brad Garlinghouse anticipates similar outcomes for XRP ETFs, following the approval trends.
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XRP ETFs 'Inevitable' After Bitcoin and Ethereum Approvals, Says Ripple CEO

XRP ETFs on the Horizon

According to Ripple CEO Brad Garlinghouse, the approval of Bitcoin and Ethereum exchange-traded funds (ETFs) sets a significant precedent, making XRP ETFs inevitable. This comes amidst increasing optimism within the cryptocurrency market.

The Approval Trends

The SEC's recent moves to approve Bitcoin and Ethereum ETFs have caused a wave of speculation regarding the potential for an XRP ETF. With XRP gaining traction, industry observers believe this could lead to a more favorable regulatory environment for Ripple and its assets.

Why XRP ETFs Matter

  • Enhancing market liquidity
  • Attracting institutional investments
  • Paving the way for broader acceptance of cryptocurrencies

As the cryptocurrency landscape evolves, many investors are keen on the prospects of XRP ETFs following the success seen with Bitcoin and Ethereum.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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