Brad Garlinghouse, the CEO of Ripple, is confident about the upcoming launch of XRP ETFs, stating that it is inevitable and expected within six months. He also mentioned the U.S. SEC’s recent approval of Ethereum ETFs as a sign of their openness towards crypto spot ETFs.
In an interview with Fox Business, Garlinghouse expressed his optimism for the imminent launch of XRP ETFs, deviating from his previous prediction of a 2025 launch. He emphasized the growing interest in crypto ETFs, pointing out the rapid rise of U.S. Bitcoin spot ETFs to multi-billion dollar valuations in just two months.
Garlinghouse highlighted the need for diversification in the market to provide investors with more opportunities. He suggested that XRP ETFs could become strong contenders in the market alongside other altcoins like Solana and Cardano.
Despite potential regulatory challenges, Garlinghouse remains confident in the potential impact of the cryptocurrency sector on the upcoming U.S. elections. He believes that “crypto voters” will play a significant role in this year’s elections, marking a historic moment in U.S. politics.
Additionally, Garlinghouse mentioned plans for an IPO outside the U.S. if the SEC continues to be led by Gary Gensler. This move showcases Ripple’s determination to navigate regulatory challenges and expand its presence in the global market.