- Ripple CEO Brad Garlinghouse has predicted an XRP ETF launch by 2025.
- Garlinghouse has compared investing in crypto ETFs to traditional commodities.
- The success of a futures-based XRP ETF could pave the way for a long-awaited spot ETF.
Ripple CEO Brad Garlinghouse throws his weight behind the “inevitable” launch of an XRP exchange-traded fund (ETF) by 2025. His optimism hinges on a confluence of factors, including growing investor demand and a perceived shift in the regulatory landscape.
Investor Appetite for Crypto ETFs
Garlinghouse points to a trend mirroring traditional commodities. Just as investors seeking gold exposure often diversify with silver, he sees a natural progression towards broader crypto asset offerings through ETFs.
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This aligns with growing investor demand for diversified crypto exposure in a single, regulated product. The interview acknowledges the ongoing challenges with the SEC’s stance on crypto regulation. Garlinghouse criticizes their perceived inconsistency, particularly regarding Ethereum.
However, he highlights a positive trend with countries like the UK, Japan, Singapore, and Switzerland taking a more progressive approach compared to the US. The discussion also explores the rising political interest in crypto, with recent statements from Donald Trump’s campaign marking a significant shift.
Garlinghouse sees this as a sign of crypto’s growing recognition as a technology with the potential for innovation, consumer protection, and societal impact. While he acknowledges the unfortunate politicization of crypto, he believes the recent bipartisan embrace could accelerate market momentum.
XRP Futures ETF: A Stepping Stone?
Experts believe a futures-based XRP ETF might be the first step towards a spot ETF, similar to recent Bitcoin approvals. The SEC’s confidence in the Chicago Mercantile Exchange (CME) Bitcoin futures market for mitigating fraud and manipulation played a key role in those approvals.
A successful XRP futures ETF could pave the way for the long-awaited spot ETF, ultimately making XRP a more accessible and investable asset for the mainstream market. While regulatory hurdles remain, Garlinghouse’s vision, coupled with the growing investor demand and a potentially evolving regulatory landscape, positions an XRP ETF as an “inevitable” step for the crypto market.
On the Flipside
- The ongoing SEC investigation into Ripple and XRP could cast a shadow over any potential ETF approval.
- The SEC’s stance on crypto remains unpredictable, and a shift towards approving XRP ETFs is not guaranteed.
Why This Matters
Beyond just benefiting XRP, a successful XRP ETF launch could mark a tipping point for broader crypto adoption. It would demonstrate a maturing regulatory environment, increased institutional confidence, and a new era of accessibility for mainstream investors seeking exposure to the cryptocurrency market.
If you’re interested in the future of cryptocurrency ETFs, this article explores the possibility of XRP, SOL, and ADA ETFs:
XRP, SOL, and ADA ETFs on the Horizon? Ripple’s CEO Thinks So
Wondering what’s next for XRP? This article dives into XRP’s recent price slump and discusses analyst opinions on whether it’s a buying opportunity or not:
Is XRP Stuck in a Slump or Coiling Up for a Massive Surge?