Brad Garlinghouse expects the Securities and Exchange Commission to approve further cryptocurrency-related exchange-traded funds now that Bitcoin ETFs are a reality.
Ripple CEO Brad Garlinghouse believes the approval of several Bitcoin exchange-traded funds (ETFs) in the United States will pave the way for similar cryptocurrency investment products to launch in 2024.
Speaking to CNBC correspondent Arjun Kharpal in Davos on Jan. 16, Garlinghouse stopped short of explicitly predicting an XRP ETF would be approved by the U.S. Securities and Exchange Commission (SEC) but expects an Ethereum ETF to get the green light in the near term future.
“I think it’s a certainty. I’m not going to put a horizon on the time, but I think there will be other ETFs for sure,” Garlinghouse said in an interview on CNBC at the Filecoin Sanctuary, which borders the World Economic Forum compound in the Swiss town.
