Brad Garlinghouse says Ripple will welcome XRP ETF
Brad Garlinghouse, CEO of Ripple, says that they are open to an XRP ETF. His comments come after the SEC approved spot Bitcoin exchange-traded funds (ETFs) in January and amid speculation over an XRP ETF. Ripple CEO Brad Garlinghouse has said the company would welcome an exchange-traded fund (ETF) for its token XRP . The Ripple executive commented on this during an interview with Bloomberg, noting that the crypto industry will see more spot ETFs in future. According to Garlighouse, the SEC’s approval of spot Bitcoin ETFs in January this year was largely down to the regulator’s hand being forced. He highlighted the court’s decision in the Grayscale vs. SEC case as what pushed SEC Chair Gary Gensler to give the spot ETFs a nod. “ You know, the sad reality of what we saw with the Bitcoin ETF is it was only because the courts forced the SEC’s hand, and really chair Gensler’s hand, that we saw that [approval] finally come...