Ethereum

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/ripple-ceo-predicts-etf-approvals" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ripple CEO Predicts ETF Approvals</a><br></p>
<p style="text-align: justify">Ripple CEO Brad Garlinghouse has expressed optimism about the potential approval of ETFs for <a href="https://en.bitcoinhaber.net/xrp-coin-outlook-amidst-market-volatility" data-wpel-link="internal" rel="noopener noreferrer nofollow">XRP</a>, Solana, and Cardano, following the SEC’s green light for Ethereum ETFs. Garlinghouse acknowledges that the regulatory challenges faced by Bitcoin and Ethereum ETFs could also affect these new ETFs, but he believes that these obstacles can be overcome in time.</p>
<h2 id="what-are-the-regulatory-challenges">What Are the Regulatory Challenges?</h2>
<p style="text-align: justify">Garlinghouse described the regulatory difficulties and delays as mere “speed bumps” in the path of cryptocurrency adoption. He is confident that ETFs for XRP, Solana, and Cardano will eventually receive approval, marking a significant milestone for the cryptocurrency market.</p>
<p style="text-align: justify">During an interview, Garlinghouse noted Ripple’s openness to launching XRP ETFs. He emphasized that ETFs based on various cryptocurrencies would enable investors to diversify their risk profiles and attract more participants into the market. However, he raised concerns about the lack of clarity over Ethereum’s status as a security, criticizing SEC Chairman Gary Gensler for not providing clear guidance.</p>
<h2 id="when-could-other-crypto-etfs-launch">When Could Other Crypto ETFs Launch?</h2>
<p style="text-align: justify">Experts like Geoffrey Kendric from Standard Chartered predict that XRP and Solana ETFs may emerge post-2025. The approval of Ethereum ETFs has fueled speculation about similar future products, signaling increased acceptance of crypto assets in traditional <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">financial markets</a>.</p>
<p style="text-align: justify">While Garlinghouse remains optimistic about the future of ETFs for XRP, Solana, and Cardano, their realization will depend on the <a href="https://newslinker.co/category/mobile/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">applications</a> submitted by various companies. Currently, no such applications have been made, with companies primarily focusing on spot Ethereum ETFs.</p>
<h2 id="user-usable-inferences">User-Usable Inferences</h2>
<p style="text-align: justify">– Investors can expect more diversification options with the launch of cryptocurrency ETFs.<br> – Regulatory clarity remains a significant hurdle for the approval of new ETFs.<br> – Post-2025 could see a surge in ETF approvals for cryptocurrencies beyond Ethereum.</p>
<p style="text-align: justify">The dynamics of the cryptocurrency market could eventually pave the way for more crypto ETFs, which would be a significant advancement for the adoption of cryptocurrencies considered securities. This development could further integrate these digital assets into traditional financial systems.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/ripple-ceo-predicts-etf-approvals" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ripple CEO Predicts ETF Approvals</a></h5>

Ripple CEO Predicts ETF Approvals

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Ďalšie články zverejnené 31. 5. 2024

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