Bitcoin

<ul>
 <li>Ripple CEO Garlinghouse sees diverse crypto ETFs beyond Bitcoin as vital for market strength and investor opportunities.</li>
 <li>Garlinghouse cites the SEC’s approval of Ethereum ETFs as a sign of a favorable shift, potentially opening doors for XRP ETFs by 2025.</li>
 <li>Analyst Seyffart predicts the next crypto spot ETF, including XRP and Solana, may realistically launch in 2026 due to regulatory hurdles.</li>
</ul>
<p>In a recent <a href="https://www.youtube.com/watch?v=p0xDt87NQ88" rel="noopener noreferrer nofollow">interview</a>, Ripple CEO Brad Garlinghouse emphasized the growing significance of cryptocurrency spot ETFs beyond Bitcoin, advocating for broader diversification within the market. Highlighting the substantial interest in crypto ETFs, Garlinghouse noted the rapid success of U.S. Bitcoin spot ETFs, which achieved multi-billion dollar valuations in just two months—a milestone that took years for similar gold investments.</p>
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4af.png" alt="💯" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4af.png" alt="💯" class="wp-smiley" style="height: 1em; max-height: 1em;"> JUST IN ON FOX BUSINESS <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/27a1.png" alt="➡" class="wp-smiley" style="height: 1em; max-height: 1em;"> BRAD GARLINGHOUSE ON POTENTIAL SPOT XRP ETF <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/27a1.png" alt="➡" class="wp-smiley" style="height: 1em; max-height: 1em;"> "<a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> ETF IN 2025 – NOT SO FAR AWAY" <a href="https://twitter.com/bgarlinghouse?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@bgarlinghouse</a> <a href="https://twitter.com/Ripple?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Ripple</a> <a href="https://twitter.com/LizClaman?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@LizClaman</a> <a href="https://twitter.com/FoxBusiness?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@FoxBusiness</a> <br><br>TOPICS<br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/27a1.png" alt="➡" class="wp-smiley" style="height: 1em; max-height: 1em;"> BITCOIN AND ETHER ETFs<br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/27a1.png" alt="➡" class="wp-smiley" style="height: 1em; max-height: 1em;"> SEC´S APPROVALS OF ETFs <br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/27a1.png" alt="➡" class="wp-smiley" style="height: 1em; max-height: 1em;"> UNDERSTANDING XRP <br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/27a1.png" alt="➡" class="wp-smiley" style="height: 1em; max-height: 1em;"> SWIFT VS RIPPLE / XRP<br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/27a1.png" alt="➡" class="wp-smiley" style="height: 1em; max-height: 1em;">… <a href="https://t.co/2wiIDuE7dl" rel="noopener noreferrer nofollow">https://t.co/2wiIDuE7dl</a> <a href="https://t.co/opoOj5hTFe" rel="noopener noreferrer nofollow">pic.twitter.com/opoOj5hTFe</a></p>— XRP DROPZ (@DROPZXRP) <a href="https://twitter.com/DROPZXRP/status/1798075046126358717?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 4, 2024</a>
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<h3 class="wp-block-heading" id="h-surge-in-crypto-etf-interest"><strong>Surge in Crypto ETF Interest</strong></h3>
<p>Garlinghouse pointed out the high demand for crypto ETFs, emphasizing the swift market response to <a href="https://cryptonewsland.com/bitcoin-etfs-hit-second-highest-inflows-day-with-886-6-million/" rel="noopener noreferrer nofollow">Bitcoin ETFs</a>. He stressed out the necessity of diversifying crypto ETFs to include other digital assets, arguing that this diversification would strengthen the market and provide investors with a wider range of opportunities.</p>
<h3 class="wp-block-heading" id="h-sec-s-changing-stance"><strong>SEC’s Changing Stance</strong></h3>
<p>The Ripple CEO also addressed the U.S. Securities and Exchange Commission’s (SEC) attitude towards crypto spot ETFs. According to Garlinghouse, recent approvals for Ethereum ETFs signify a notable shift in the <a href="https://cryptonewsland.com/ripples-imminent-showdown-with-sec-how-will-it-reshape-cryptos-legal-frontier/" rel="noopener noreferrer nofollow">SEC’s approach</a>, which he attributes to the regulator’s previous court losses and regulatory setbacks. He expressed optimism that this change in stance could pave the way for ETFs based on other cryptocurrencies such as XRP, Solana, and Cardano.</p>
<h3 class="wp-block-heading" id="h-potential-for-xrp-etf"><strong>Potential for XRP ETF</strong></h3>
<p>When FOX Business correspondent Liz Claman raised the question of whether the SEC might exhibit particular resistance to an <a href="https://cryptonewsland.com/xrp-holds-strong-at-0-52-amid-ongoing-sec-battle-and-market-uncertainty/" rel="noopener noreferrer nofollow">XRP ETF</a> due to its history with Ripple, Garlinghouse responded confidently. He asserted that the SEC would face significant challenges in opposing an XRP ETF, citing XRP’s historical market position just behind Bitcoin as a strong argument for its potential as a valuable investment option. Garlinghouse predicted that an XRP ETF could be launched as early as 2025, describing this timeline as “not too far away.”</p>
<h3 class="wp-block-heading" id="h-industry-perspectives-on-etf-timelines"><strong>Industry Perspectives on ETF Timelines</strong></h3>
<p>Garlinghouse’s optimism was supported by Sean McBride, Ripple’s former director, who also sees an <a href="https://cryptonewsland.com/xrp-etf-approval-imminent-as-ripple-ceo-foresees-market-shift/" rel="noopener noreferrer nofollow">XRP ETF</a> as a near-future possibility. However, industry analysts like James Seyffart of Bloomberg Intelligence present a more cautious outlook. Seyffart suggests that the earliest realistic timeline for the next crypto spot ETF in the U.S. following Ethereum would be 2026. He bases this projection on several factors, including Ripple’s ongoing legal battles, the current leadership at the SEC, and the lack of a Commodity Futures Trading Commission (CFTC)-regulated futures market for XRP.</p>
<h3 class="wp-block-heading" id="h-challenges-for-other-crypto-etfs"><strong>Challenges for Other Crypto ETFs</strong></h3>
<p>Seyffart further noted that Solana faces similar hurdles, such as the need for a futures market, which contribute to his conservative 2026 timeline for a Solana ETF. These challenges underscore the complex regulatory landscape and market conditions that must be navigated before new crypto spot ETFs can be introduced.</p>
<p>While the path to diversified crypto spot ETFs appears promising, it is faced with regulatory and market challenges. Garlinghouse’s optimistic outlook for an XRP ETF by 2025 contrasts with the more conservative projections of analysts like Seyffart. Nonetheless, the growing interest and evolving regulatory environment indicate that the expansion of crypto ETFs is a matter of when.</p>
<h4 class="wp-block-heading" id="h-read-also">Read also</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/spot-ethereum-etfs-approval-could-get-their-approval-by-may/" rel="noopener noreferrer nofollow">Spot Ethereum ETFs Approval Could Get Their Approval by May</a></li>
 <li><a href="https://cryptonewsland.com/ethereum-etf-approval-paves-the-way-for-smoother-crypto-investment-roads-insights-and-future-projections/" rel="noopener noreferrer nofollow">Ethereum ETF Approval Paves the Way for Smoother Crypto Investment Roads: Insights and Future Projections</a></li>
 <li><a href="https://cryptonewsland.com/xrps-road-to-reclaiming-ath-insights-and-timeline-unveiled/" rel="noopener noreferrer nofollow">XRP’s Road to Reclaiming ATH: Insights and Timeline Unveiled</a></li>
 <li><a href="https://cryptonewsland.com/ripple-ceo-challenges-former-sec-chairs-crypto-regulation-stance/" rel="noopener noreferrer nofollow">Ripple CEO Challenges Former SEC Chair’s Crypto Regulation Stance</a></li>
 <li><a href="https://cryptonewsland.com/xrp-price-bullish-as-ripple-ceo-hints-at-potential-breakthrough-will-xrp-be-the-next-crypto-etf/" rel="noopener noreferrer nofollow">XRP Price Bullish as Ripple CEO Hints at Potential Breakthrough, Will XRP Be the Next Crypto ETF?</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/ripple-ceo-discusses-future-of-crypto-spot-etfs-beyond-bitcoin/" rel="noopener noreferrer nofollow">Ripple CEO Discusses Future of Crypto Spot ETFs Beyond Bitcoin</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Ripple CEO Discusses Future of Crypto Spot ETFs Beyond Bitcoin

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