According to TechFlow, Brad Garlinghouse, CEO of Ripple Labs, discussed the future prospects of XRP spot ETF in an interview with Fox Business Channel on Tuesday. He said that the approval of Ethereum spot ETF opens the door for the launch of other crypto asset ETFs such as XRP in the future. The U.S. Securities and Exchange Commission (SEC) will lose in the battle with cryptocurrencies. People don't want to invest in just one commodity, and more commodities should be added to the market to give investors more trading options.
The launch of XRP ETF is inevitable, and XRP spot ETF may be listed in 2025. Garlinghouse previously stated that after Bitcoin and Ethereum, XRP, SOL and ADA may be the next crypto spot ETFs to be approved.
