Ripple Labs CEO Brad Garlinghouse has expressed strong confidence in the future approval of an exchange-traded fund (ETF) for XRP, the cryptocurrency associated with his company.

In a recent interview on Bloomberg Crypto, Garlinghouse stated that an XRP ETF is “just inevitable,” highlighting the growing demand from both institutional and retail investors for access to digital assets.

Garlinghouse pointed to the significant influx of capital into Bitcoin ETFs since their approval earlier this year, noting that over $17 billion has flowed into these funds, underscoring the market’s appetite for regulated crypto investment vehicles.
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The CEO’s remarks come amid ongoing legal challenges between Ripple and the U.S. Securities and Exchange Commission (SEC), which has previously classified XRP as a security. Despite these hurdles, Garlinghouse remains optimistic about the eventual approval of an XRP ETF, citing the broader trend of increasing institutional participation in the cryptocurrency market.

Recent filings by asset managers Bitwise and Canary Capital for XRP ETFs further indicate a growing interest in such products. These developments suggest that the market is preparing for a future where XRP ETFs become a reality, aligning with Garlinghouse’s predictions.

The potential approval of an XRP ETF would mark a significant milestone for Ripple and the broader cryptocurrency industry, potentially paving the way for increased adoption and investment in digital assets. As regulatory landscapes evolve, the anticipation surrounding XRP ETFs continues to build among investors and industry stakeholders.

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