- Ripple CEO Brad Garlinghouse remains confident of the potential launch of XRP ETFs in 2025.
- The CEO acknowledges XRP as the second most valuable digital asset and a good competitor in the ETF market.
- Garlinghouse believes in the significance of commodity diversification as the community looks for different investment products.
In an interview on Fox Business, Ripple CEO Brad Garlinghouse expressed optimism about the imminent launch of XRP ETFs. While he previously predicted that the community would see the launch in 2025, Garlinghouse stated, “An XRP ETF is simply inevitable.”
The Ripple CEO further explained the diverse interest in the crypto community where investors look for different investment products. However, XRP, being the “second-most valuable digital asset,” as highlighted by Garlinghouse, is poised to be the basis for the next ETF.
Garlinghouse emphasized the importance of adding more commodities to the market to provide more opportunities to investors, stating, “[it] only makes sense.” Adding, “people don’t want just exposure to one commodity,” he suggested that XRP ETFs could be a strong competitor in the market.
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