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Brad Garlinghouse Foresees Launch of XRP, Solana, and Cardano ETFs

May 31, 2024

Ripple CEO Brad Garlinghouse has made predictions regarding the upcoming introduction of XRP, Solana, and Cardano exchange-traded funds (ETFs), inspired by the recent authorization of Ether ETFs by the SEC. Expressing his positive outlook, he mentioned that the launch is imminent, stating, “The launch is just a matter of time.”

Garlinghouse recognized the various obstacles and regulatory challenges that had to be overcome for the SEC to approve both Bitcoin and Ether ETFs. He foresaw similar hurdles in the approval process for other ETFs. Despite this, he portrayed these challenges as minor obstacles, asserting, “I believe that the launch of XRP ETFs, Solana ETFs, and Cardano ETFs is inevitable; it's just a matter of time, and that's a fantastic development.”

In a recent discussion, the Ripple CEO articulated that the company would appreciate the introduction of XRP ETFs. He also deliberated on the potential launches of multiple ETFs, underlining the positive prospects and growth opportunities.

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