⚡Ripple: ETF at 12⚡
🌐 Ripple CEO Brad Garlinghouse says it's "inevitable" that XRP will be offered via an exchange-traded fund (#ETF).
📝 After #Bitcoin spot funds took off, raising a whopping $17 billion since January, Brad notes that demand for crypto from institutions and retailers is undeniable.
⚖️ Despite #Ripple 's ongoing legal battle with the SEC, Garlinghouse is confident that ETFs will drive XRP's value up, just as we've seen with other cases. The question is: What could support this significant increase in its value in the ecosystem?
✒️ With Bitwise and Canary Capital already requesting these #ETF of #XRP , it seems that there are more financial institutions that could lead the way in this regard, even with the "legal battle" they have at hand. Whether it is a political strategy or not, Ripple operates in more countries and has more interests.