<ul><li>Ripple CEO Brad Garlinghouse expresses interest in an XRP ETF but remains non-committal on specific plans or discussions with asset managers like BlackRock.</li><li>Garlinghouse advocates for diversified crypto ETFs, comparing the emerging market to the early days of the stock markets.</li><li>Garlinghouse highlights the inevitability of diversified crypto investment products and critiqued the SEC&#39;s delayed approach to cryptocurrency ETFs.</li></ul>Ripple&#39;s CEO, Brad Garlinghouse, recently shared insights on the potential development of an XRP exchange-traded fund (ETF) during a Bloomberg <a href="https://t.co/9Q7x19Iqbs" rel="noopener noreferrer nofollow">interview</a> on February 20. Garlinghouse expressed openness to the idea, stating, &#34;We would certainly welcome it,&#34; though he did not elaborate on any specific plans for establishing such a fund.Despite probing, Garlinghouse remained discreet about ongoing discussions with asset managers, including BlackRock. He merely acknowledged the firm&#39;s public comments without confirming any direct negotiations about launching an XRP ETF.The conversation surfaced amidst speculations tied to a previously leaked and <a href="https://cryptotale.org/xrp-sees-sudden-surge-and-decline-amidst-unfounded-blackrock-etf-rumors/" rel="noopener noreferrer nofollow">later debunked filing</a> that suggested BlackRock was considering an XRP ETF. To date, the United States has not embraced an XRP ETF, contrasting the <a href="https://cryptotale.org/valours-bold-move-unveiling-xrp-etp-to-transform-european-crypto-market/" rel="noopener noreferrer nofollow">European market</a>, where products like Coinshares and 21Shares&#39; XRP exchange-traded products (ETP) are available. Furthermore, a report last month by Fox Business Reporter Charles Gasparino <a href="https://x.com/CGasparino/status/1747978469382725773?s&#61;20" rel="noopener noreferrer nofollow">indicated</a> BlackRock&#39;s apparent disinterest in supporting an XRP ETF.Read full article at <a href="https://cryptotale.org/ripple-ceo-signals-interest-in-xrp-etf-amidst-growing-crypto-investment-trends/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Ripple CEO Signals Interest in XRP ETF Amidst Growing Crypto Investment Trends

CryptoTale

Other articles published on Feb 21, 2024

Tens of Millions of XRP Out of Binance and into Unknown

Wormhole to use AMD chips for scalable, light client proofs

Japan Tightens Crypto Regulations to Enhance User Protection

Why Bitcoin, BTC ETFs are not the same in Michael Saylor’s books

AI-Enhanced Compliance Software Receives £45M Investment for Expansion

Presale Nearly Sold Out! Pushd (PUSHD) Presale Scores Bitcoin (BTC) & Polkadot (DOT) Whales as 30...

Join our free newsletter for daily crypto updates!