Ripple Labs CEO Brad Garlinghouse discuss the future perspectives of Spot XRP ETFs. Recently, the CEO said that following Ethereum and Bitcoin, XRP, SOL, and ADA may be next in line to receive Spot crypto ETFs.
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.”
“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.
