XRP ETFs 'inevitable,' says Ripple CEO 📊

Brad Garlinghouse expressed optimism that the U.S. SEC would approve an XRP ETF—and lauded Kamala Harris' "nuanced" approach to crypto.

Author

Stephen Graves
October 24, 2024

📝 What you need to know

Ripple CEO Brad Garlinghouse remains optimistic that the U.S. Securities and Exchange commission will approve an XRP ETF, calling it “inevitable” in the wake of Bitcoin and Ethereum ETF approvals earlier this year.

That’s despite the SEC being at loggerheads with Ripple, whose founders created XRP, with the regulator alleging in a $1.3 billion lawsuit that Ripple sold unregistered securities in the form of the cryptocurrency.

Garlinghouse also weighed in on Democratic presidential nominee Kamala Harris, calling her stance on crypto “nuanced,” versus her rival Donald Trump more “aggressively” courting the crypto vote.

Someone clearly fancies Harris’ chances; a newly registered user on Polymarket backed the vice president to win the election with a $2 million position.

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