Ripple CEO Drops Bombshell on XRP ETF Approval and When Trading Will Start
Main Idea
Ripple CEO Brad Garlinghouse predicts the inevitable approval and imminent trading of XRP ETFs, highlighting multiple filings in the U.S. and Europe and their potential to drive institutional adoption of XRP.
Key Points
1. Ripple CEO Brad Garlinghouse stated that an XRP ETF is inevitable and will be 'approved and trading SOON,' emphasizing its role in institutional adoption.
2. There are currently four or five XRP ETF filings in the U.S. and at least one in Europe, reflecting growing recognition of XRP's global role.
3. Garlinghouse noted that ETF approval would broaden access to XRP and benefit the broader cryptocurrency sector, not just XRP.
4. If approved, XRP ETFs would mark a significant milestone in digital asset investment infrastructure, similar to Bitcoin and other cryptocurrencies.
Description
Crypto researcher SMQKE has drawn attention to recent remarks from Ripple CEO Brad Garlinghouse regarding the likelihood and timing of an XRP exchange-traded fund (ETF) approval. Accompanying SMQKE’s tweet is a clip from eToro’s Conversation With Leaders interview series. The interview provided insight into Garlinghouse’s perspective on the role of ETFs in driving institutional adoption of XRP and the broader cryptocurrency market. Garlinghouse on the Transition to Institutional Adoption During ...
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