At the current Swell conference, Ripple CEO Brad Garlinghouse dealtwith the growing interest in XRP exchange-traded funds (ETFs). In an interview with Thinking Crypto stated that while the timing of several ETF filings shocked him, he anticipated to see more items like these emerge. He pointed out that the approval of a Bitcoin ETF earlier this year hinted at a pattern that would mostlikely consistof Ethereum, Solana, and XRP ETFs.
Ripple’s Role in ETF Developments
When asked about Ripple’s participation with ETF companies, Garlinghouse described that the nature of digital possessions enables anybody to develop an ETF without Ripple’s involvement. However, Ripple is helpful and supporters for more XRP ETFs, seeing them as useful for the environment.
Regulatory Hurdles: The SEC’s Influence
Garlinghouse raised issues about the U.S. Securities and Exchange Commission (SEC) and its possible to b