Bitcoin ETF

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<ul> 
 <li>Ripple CEO Brad Garlinghouse anticipates ETFs for various cryptos beyond Bitcoin.</li> 
 <li>Garlinghouse criticizes SEC, citing <a href="https://cryptonewsland.com/massive-liquidity-approaching-crypto/">Bitcoin ETF</a> approval due to court intervention.</li> 
 <li>Ripple’s legal victory against the SEC marks a significant milestone for the company.</li> 
</ul> 
<p>In a recent CNBC interview, <a href="https://ripple.com/" target="_blank" rel="noreferrer noopener nofollow">Ripple</a> CEO Brad Garlinghouse expressed certainty about the emergence of spot exchange-traded funds (ETFs) for cryptocurrencies beyond Bitcoin. Garlinghouse specifically highlighted the likelihood of an <a href="https://cryptonewsland.com/blackrocks-ethereum-etf-filing-drives-eth-price-altcoin-season-soon/" target="_blank" rel="noreferrer noopener">Ethereum (ETH) ETF</a> and others, although he refrained from specifying a timeframe.</p> 
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   <p lang="en" dir="ltr">Will we see an <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw">#XRP</a> ETF? <a href="https://twitter.com/hashtag/Ripple?src=hash&amp;ref_src=twsrc%5Etfw">#Ripple</a> CEO Brad Garlinghouse says that we can expect to see many other ETFs besides <a href="https://twitter.com/hashtag/BlackRock?src=hash&amp;ref_src=twsrc%5Etfw">#BlackRock</a>'s <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> ETF and the potential <a href="https://twitter.com/hashtag/Ether?src=hash&amp;ref_src=twsrc%5Etfw">#Ether</a> ETF! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/MR4KmecHEa">pic.twitter.com/MR4KmecHEa</a></p>— Marcel Knobloch aka Collin Brown (@CollinBrownXRP) <a href="https://twitter.com/CollinBrownXRP/status/1747344620911030631?ref_src=twsrc%5Etfw">January 16, 2024</a>
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<p>While acknowledging the <a href="https://cryptonewsland.com/sec-greenlights-spot-bitcoin-etfs-a-milestone-for-crypto/" target="_blank" rel="noreferrer noopener">recent approval of a Bitcoin ETF</a> by the U.S. Securities and Exchange Commission (<a href="https://www.sec.gov/" target="_blank" rel="noreferrer noopener nofollow">SEC</a>), Garlinghouse underscored that the approval only materialized due to a court intervention, labeling it a necessity. He expressed hope that other cryptocurrencies wouldn’t encounter similar regulatory hurdles and emphasized the potential for various ETFs in the future.</p> 
<p>Garlinghouse criticized the SEC’s approach, citing a court’s intervention as a reminder of regulatory inconsistencies. He suggested that the SEC, under Gary Gensler’s leadership, might face challenges in maintaining such an approach, expressing optimism for change when new leadership takes over.</p> 
<p>Ripple, under Garlinghouse’s leadership, has faced regulatory confrontations, notably with the SEC. In a significant legal victory for Ripple Labs last year, a U.S. judge ruled that the retail sales of XRP tokens did not constitute a security offering. This decision marked a pivotal moment for Ripple in its ongoing legal battles with the regulatory agency.</p> 
<p>Garlinghouse’s comments reflect a broader industry sentiment anticipating the expansion of cryptocurrency ETFs, signaling a potential shift in regulatory dynamics that could impact various digital assets beyond Bitcoin.</p> 
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<p>The post <a href="https://cryptonewsland.com/ripple-ceo-says-bitcoin-etf-approval-signals-etfs-for-various-crypto-assets/">Ripple CEO Says Bitcoin ETF Approval Signals ETFs for Various Crypto Assets</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Ripple CEO Says Bitcoin ETF Approval Signals ETFs for Various Crypto Assets

Crypto News Land

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