Brad Garlinghouse expects the U.S. Securities and Exchange Commission to approve further cryptocurrency-related exchange-traded funds now that Bitcoin ETFs are a reality.
Ripple CEO Brad Garlinghouse believes the approval of several Bitcoin (BTC) exchange-traded funds (ETFs) in the United States will pave the way for similar cryptocurrency investment products to launch in 2024.
Speaking to CNBC correspondent Arjun Kharpal at the World Economic Forum in Davos, Switzerland, on Jan. 16, Garlinghouse stopped short of explicitly predicting an XRP (XRP) ETF would be approved by the U.S. Securities and Exchange Commission (SEC), but he expects an Ether (ETH) ETF to get the green light in the near future.
“I think it’s a certainty. I’m not going to put a horizon on the time, but I think there will be other ETFs for sure,” Garlinghouse said in the interview at the Filecoin Sanctuary, which borders the World Economic Forum compound in Davos.
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Source: https://cointelegraph.com/news/ripple-ceo-expects-more-crypto-etf-approvals-davos-2024