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Ripple CEO Drops Bombshell on XRP ETF Approval and When Trading Will Start
In a recent interview with eToro’s Conversation With Leaders series, Ripple CEO Brad Garlinghouse delivered a bombshell statement that sent shockwaves throughout the cryptocurrency community. According to reports, Garlinghouse has stated that an XRP exchange-traded fund (ETF) is not only inevitable but also imminent.
The CEO emphasized that there are currently four or five XRP ETF filings in the United States and at least one in Europe. He went on to predict that these applications will be approved soon, allowing trading to commence shortly thereafter. The implications of such an approval are far-reaching, as it would pave the way for broader institutional investment and mainstream recognition.
Garlinghouse believes that the introduction of an XRP ETF is not a matter of speculation but rather inevitability. He emphasized that such products will increase market legitimacy, provide easier entry points for traditional investors, and help bridge the gap between conventional finance and digital assets. In essence, the CEO sees the approval of an XRP ETF as a critical step towards driving institutional adoption.
The Ripple CEO’s remarks have sparked intense debate within the cryptocurrency space, with many interpreting his words as a clear indication that the SEC is poised to greenlight the proposed ETF applications. It remains to be seen if this forecast comes to pass, but one thing is certain – the prospect of an XRP ETF has never been more real.
In essence, Garlinghouse’s comments have set tongues wagging across the cryptocurrency community, as many investors are now left wondering what this means for their financial futures and the overall outlook of the space.
Source: timestabloid.com
