Bitcoin ETF

Gary

<ul class="wp-block-list">
 <li>Brad Garlinghouse believes an XRP ETF is Unavoidable because demand from institutions and retail investors grows for crypto access.</li>  
 <li>The surge in Bitcoin ETFs shows investors want more options, making an XRP ETF the reasonable next move.</li>  
 <li>Garlinghouse is optimistic about policy changes that could support an XRP ETF and better crypto laws.</li> 
</ul>  
<p>Brad Garlinghouse stated that the introduction of an exchange-traded fund for XRP is "inevitable." He highlighted this viewpoint when considering the rising <a href="https://cryptonewsland.com/bitcoin-btc-whale-sees-this-altcoin-reaching-17-in-2025-priced-0-06-today/" target="_blank" rel="noopener noreferrer nofollow">institutional interest in Bitcoin assets</a>.&nbsp;</p>  
<p>The company has seen multiple ETF filings related to XRP, notably from Bitwise Asset Management and Canary Capital Group. These filings highlight increasing demand from both institutional and retail investors.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  https://twitter.com/BankXRP/status/1849170465463640065
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<h2 class="wp-block-heading" id="h-growing-institutional-interest">Growing Institutional Interest</h2>  
<p>Garlinghouse <a href="https://www.bloomberg.com/news/articles/2024-10-23/ripple-ceo-brad-garlinghouse-says-an-xrp-etf-is-inevitable" target="_blank" rel="noopener noreferrer nofollow">noted</a> that the rapid inflow into Bitcoin ETFs signifies strong market interest. The approval of the Bitcoin ETF this January led to approximately $17 billion entering that fund. For XRP and other cryptocurrencies, this expansion creates a benchmark. Institutions and private investors want more access to a range of cryptocurrencies. Consequently, an XRP ETF seems to be the logical next step.</p>  
<p>Moreover, Garlinghouse mentioned the growing community around <a href="https://coinmarketcap.com/currencies/xrp/" target="_blank" rel="noopener noreferrer nofollow">XRP</a>. Both domestic and foreign investors are showing a great deal of interest, he said. The argument for a successful XRP ETF is strengthened by this thriving ecosystem. Similar to the popularity of Bitcoin ETFs, he thinks that such an ETF would draw a sizable investment base.</p>  
<h2 class="wp-block-heading" id="h-regulatory-environment-and-future-prospects">Regulatory Environment and Future Prospects</h2>  
<p>Nonetheless, there are difficulties with the existing regulatory landscape. The Biden administration, and SEC Chair Gary Gensler in particular, came under fire from Garlinghouse for making the<a href="https://cryptonewsland.com/ripple-ceo-criticizes-sec-for-regulatory-inconsistencies-amid-binance-lawsuit/" target="_blank" rel="noopener noreferrer nofollow"> environment unsettling for cryptocurrency entrepreneurs</a>. Gensler's strategy was characterized by him as a "reign of terror."&nbsp;</p>  
<p>Regardless of the outcome of the next election, he also said he hoped for a change in crypto policy. The future of cryptocurrency regulation will be greatly influenced by the nominations made by the incoming administration to important agencies.</p>  
<p>Furthermore, Garlinghouse advised startups to consider incorporating outside the U.S. He recognized the risks of regulatory lawsuits, which Ripple faced from the SEC. This advice underscores the urgency for crypto firms to navigate the current landscape carefully.</p> 
<p>The post <a href="https://cryptonewsland.com/brad-garlinghouse-predicts-xrp-etf-success/" rel="noopener noreferrer nofollow">Brad Garlinghouse Predicts XRP ETF Success Amid Rising Demand</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Brad Garlinghouse Predicts XRP ETF Success Amid Rising Demand

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