TechFlow reported that Ripple Labs CEO Brad Garlinghouse, in an interview with Fox Business on Tuesday, discussed the future prospects of a spot XRP ETF. He stated that the approval of a spot Ethereum ETF has paved the way for other crypto asset ETFs such as XRP. The U.S. Securities and Exchange Commission (SEC) will ultimately lose its battle against cryptocurrencies. People don't want to invest in just one commodity; more commodities should be added to the market, giving investors greater choice.
The launch of an XRP ETF is inevitable, with a spot XRP ETF likely to be listed by 2025. Garlinghouse previously indicated that after Bitcoin and Ethereum, XRP, SOL, and ADA could be among the next cryptocurrencies approved for spot ETFs.
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