Ripple President Monica Long supports the idea of an XRP ETF due to regulatory clarity and market position.
Long highlights XRP's consistent ranking as a top 10 asset by market capitalization and significant daily trading volume.
Ripple is developing a stablecoin project that is expected to launch in late 2024.
President Monica Long recently strongly supported an XRP exchange-traded fund (ETF). During an interview with CNBC, Long stated that an XRP ETF would make “a lot of sense,” given the current regulatory clarity surrounding XRP and Bitcoin in the US. He highlighted market and highlighted its important daily value. traded volume. Long's comments align with Ripple CEO Brad Garlinghouse's recent prediction that the timely launch of an XRP ETF is "inevitable."
