Ripple CEO Expects XRP ETF to Be Approved in 2025$XRP

Ripple CEO Brad Garlinghouse has shed light on the potential timeline for an XRP ETF after stating that the introduction of an XRP ETF is inevitable at the Consensus 2024 conference.

XRP ETF expected in 2025

In an exclusive interview with Fox Business on June 4, Garlinghouse offered insights into the current regulatory landscape for cryptocurrencies, highlighting the recent approval of an Ethereum trading ETF. today by the US Securities and Exchange Commission (SEC) and discussed the possibility of introducing an XRP ETF.

When asked if he believed that the Ethereum spot ETF would begin trading next month, Garlinghouse concurred, suggesting that it could begin trading in July 2024.

The CEO emphasized that the introduction of a spot Ethereum ETF is “a big deal” as it expands market access for global investors. Additionally, he pointed to the successful launch of the Bitcoin spot ETF, revealing that the digital asset has attracted billions of dollars in capital inflows, highlighting strong demand and interest from investors. investors for this type of asset.