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Ripple CEO: XRP ETF approval before the end of the year is imperative, and XRP will eventually be included in the US government's crypto reserves
2hours ago

Ripple CEO Brad Garlinghouse recently stated in a Bloomberg interview that approval of a spot XRP ETF is "inevitable," and he expects the U.S. Securities and Exchange Commission to approve some or all pending applications by the end of the year. Currently, companies such as Bitwise, Franklin Templeton, and Canary have submitted applications. He also anticipates that XRP tokens will eventually become part of the U.S. government's crypto reserves.

Analysts are optimistic about the prospects for XRP ETF inflows. Crypto.com's CEO predicts these funds will attract $8 billion in inflows in their first year, while JPMorgan Chase predicts the XRP ETF will see approximately $8 billion in inflows in its first year, far outpacing the Ethereum ETF's growth rate. Ethereum, by contrast, took over a year to reach $8 billion in ETF inflows.