After a decade-long wait, the SEC approved spot Bitcoin ETFs in January, sending ripples of excitement across the crypto landscape and the broader financial scene. The industry can now dream about more ETFs, with Ethereum next in line for approval—optimistically.
In a recent interview with Bloomberg, Ripple (XRP) CEO Brad Garlinghouse believes there will be other crypto ETFs to diversify the risk from spot Bitcoin ETFs in the future. Nevertheless, he pointed out a caveat: their time of launch is difficult to say. When asked whether Ripple is open to an XRP ETF, he replied, “We would certainly welcome it.”
With the crypto market on the rise, spurred on by excitement around the just-concluded Starknet airdrop and the upcoming Wormhole airdrop, investors are on the lookout for promising altcoins. Chainlink (LINK), one of the top crypto coins, and InQubeta (QUBE), an emerging crypto with potential, are tipped to lead the next bull market, making them the best cryptos to buy now.
InQubeta (QUBE): On the Cusp of Massive Adoption and Explosive Growth
InQubeta (QUBE) recently achieved an incredible feat: hitting the $10 million fundraising milestone. This puts it ahead of most of the new ICOs, gearing up to explode after launch—the best new crypto to invest in.
A token costs only $0.0224 in the seventh stage of the ICO, with analysts predicting a staggering 80x surge post-launch. Its massive upside potential can be linked to its being an emerging crypto and its novelty as an AI altcoin, making it a recommended presale.
Positioned at the intersection of AI and blockchain, it aims to address critical issues within the burgeoning AI sector, notably fundraising. Hence, by building the first crypto-based crowdfunding platform for AI startups, it appears poised for massive adoption.
Ripple (XRP): Will We Be Seeing Spot XRP ETF Soon?
Ripple (XRP) is a popular name within the crypto space. Its long legal battle with the US SEC—since 2020—puts it in the spotlight, even if not for the right reasons. This has also proven to be a roadblock to its success in the crypto market—one of the most underwhelming tokens among the top altcoins.
In recent developments, stirring up quite a buzz, Brad Garlinghouse, the CEO of Ripple, believes there will be other crypto ETFs, and he is open to welcoming a spot XRP ETF. During an interview with Bloomberg, Garlinghouse gave his two cents about crypto ETFs, stating the inevitable launch of other funds to diversify the risk from spot Bitcoin ETFs. However, he stressed that the time of their launch would be difficult to predict.
When asked about the possibility of an XRP ETF and whether Ripple would support it, he responded, “We would certainly welcome it.” Meanwhile, the chances of an XRP ETF approval by the SEC are slim considering the fintech company is still entangled in a lawsuit with the regulatory body. This sentiment is also shared by analysts and key industry players.
Chainlink (LINK): Tipped to Lead the Next Bull Market
Chainlink (LINK) plays a key role in the blockchain space. Hence, its adventurous price movement this year comes as no surprise. Preparing to create another year’s peak, LINK is one of the altcoins to watch.
Regarding its value proposition, it is a blockchain abstraction layer that enables universally connected smart contracts. Through its oracle network, Chainlink allows blockchains to interact with external data feeds. Given the narrowing gap between crypto and mainstream, LINK will play a critical role, making it a good crypto to buy.
According to analysts, Chainlink will be at the forefront of the next market rally. This makes it a bullish wave not to miss out on, especially if you are eyeing staggering gains. As it races towards a new all-time high (ATH), it is a token to bet on.
Conclusion
Brad Garlinghouse, Ripple CEO, is optimistic about spot XRP ETF, among other crypto ETFs, but states their time of launch is difficult to say. Meanwhile, Chainlink and InQubeta are two promising altcoins to watch out for, tipped to lead the next bull run. You can become an early QUBE holder by clicking on the link below.
Visit InQubeta Presale
Join The InQubeta Communities
Source: https://coinpedia.org/press-release/xrp-ceo-open-to-welcoming-spot-xrp-etf-link-inqubeta-tipped-to-lead/