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