Ripple CEO Brad Garlinghouse recently participated in a live broadcast where he discussed the future of XRP ETFs. During the broadcast, Garlinghouse confidently stated that XRP ETFs are inevitable, emphasizing his belief in their significance.
Garlinghouse went on to mention that he expects spot XRP ETFs to become available as early as 2025. This prediction aligns with Ripple’s ongoing efforts, alongside major players in the crypto industry such as Coinbase and Grayscale, to urge the US Securities and Exchange Commission (SEC) to update its regulatory framework for cryptocurrencies.
However, it is important to note that Ripple is currently facing a potential $2 billion fine from the SEC due to its legal dispute with the regulatory body. The judge presiding over the case determined that Ripple had unlawfully sold XRP to institutional investors.
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