• Garlinghouse expressed surprise at the timing of the ETF filings but not the outcome, predicting that ETFs for various cryptocurrencies were inevitable. Securities and Exchange Commission (SEC). regulatory environment for cryptocurrencies, criticizing the Biden administration’s approach and highlighted the fact that other financial markets, such as London, Tokyo, and Dubai, are more receptive to cryptocurrency innovations.
• He highlighted the popularity of Bitcoin ETFs and predicted a similar trend for XRP ETFs, stating that it would bring more capital into the XRP ecosystem and into the crypto market.
• Garlinghouse also acknowledged the SEC as a significant obstacle to the approval of XRP ETFs and criticized the agency’s efforts to label XRP as a security despite a federal judge ruling that XRP is not. • Garlinghouse also reflected on the broader U.S.
• Ripple CEO Brad Garlinghouse discussed the potential of blocking spot XRP ETFs by the U.S.
