TechFlow news, September 18 — According to Themarketperiodical, Ripple CEO Brad Garlinghouse stated in an interview that the approval of a spot XRP ETF is "inevitable," and expects the U.S. Securities and Exchange Commission to approve some or all pending applications before year-end. Currently, companies including Bitwise, Franklin Templeton, and Canary have submitted related applications. He also predicted that the XRP token will eventually become part of the U.S. government's cryptocurrency reserves.
Analysts are optimistic about the capital inflow prospects for the XRP ETF. The CEO of Crypto.com forecasts these funds will attract $8 billion in inflows during their first year, a projection shared by JPMorgan Chase.
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