Brad Garlinghouse, the CEO of Ripple, discussed the possibility of an XRP ETF, and the need for clear crypto regulations in an interview with Bloomberg TV.
He said that XRP is not a security, but a digital asset with utility and value.
Brad Garlinghouse, the CEO of Ripple, the company behind the XRP cryptocurrency, spoke to Bloomberg TV about the challenges and opportunities facing the crypto industry. He expressed his support for the idea of an XRP exchange-traded fund (ETF).
Since the launch of Bitcoin ETFs, there have been talks in the Ripple’s community anticipating the launch of XRP ETF. Garlinghouse then confirmed in the interview about the possibility of an XRP ETF, as well as other crypto ETFs, that would allow investors to access the crypto market through a regulated and diversified vehicle.
He said:
“We would certainly welcome that. And I think it’s inevitable that there will be multiple ETFs for different tokens. I think you could even potentially see ETFs
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