Bitcoin

BlackRock

<div class="intro-text">
 The possibility of a BlackRock XRP ETF has been the subject of much speculation; however, Ripple CEO Brad Garlinghouse has expressed optimism about its introduction in the near future. 
</div>
<a style="color: #0000ff;" href="https://youtu.be/Jr660yDZlHU?si=ETYcsXonA1wsYehQ" rel="noopener noreferrer nofollow">In a recent interview with Bloomberg</a>, Garlinghouse alluded to the recent approval of <a style="color: #0000ff;" href="https://defi-planet.com/2024/01/spot-bitcoin-etf-update-blackrocks-ibit-dominates-inflows-gbtc-faces-3-4-billion-outflows-in-a-week/" rel="noopener noreferrer nofollow">Bitcoin spot ETFs by the U.S. Securities and Exchange Commission</a> and discussed the potential for XRP ETFs. In his words, 
<blockquote class="pullquote align-center">
 “given the precedent set by the approval of the first Bitcoin spot ETF, it’s understandable that people are expecting more ETFs in the future”.&nbsp;
</blockquote>
He noted that the emergence of XRP ETFs is inevitable, adding that he also expects to see baskets of crypto ETFs in the future. According to Garlinghouse, the situation is similar to the early days of the stock market, when investors sought diversified exposure to companies to minimize risk.&nbsp;
<blockquote class="pullquote align-center">
 &nbsp;“I think we will see other ETFs. It makes these markets safer”, 
</blockquote>
Garlinghouse stated.
Garlinghouse was asked if Ripple is currently in talks with major ETF issuers like BlackRock about the potential launch of an XRP ETF. While Garlinghouse didn’t give a definite answer, he suggested that such a move could be beneficial for the XRP community. Without revealing any confidential information, he hinted that <a style="color: #0000ff;" href="https://www.linkedin.com/pulse/ripple-coin-xrp-revolutionizing-cross-border-payments-beyond" rel="noopener noreferrer nofollow">Ripple is working on ways to make XRP more accessible to investors</a>.&nbsp;
Garlinghouse acknowledged that there are many factors that could affect the timeline for an XRP ETF, including decisions by the SEC and the courts. He emphasized that it’s not possible to predict exactly when an XRP ETF will be approved, but he remains optimistic about it.
<a href="https://www.youtube.com/watch?v=_YDNwkiBnnY" rel="noopener noreferrer nofollow">Rumors about an XRP ETF emerged last November</a> with the circulation of a fake document online, falsely claiming that BlackRock had filed for an XRP ETF. BlackRock promptly refuted the rumours, confirming that it had no such plans.
&nbsp;
As of now, there is no XRP ETF available for U.S. investors, although some <a href="https://www.nyse.com/products/exchange-traded-products" rel="noopener noreferrer nofollow">exchange-traded products (ETPs)</a> in Europe, such as those offered by Coinshares and 21Shares, share similarities with an ETF.
&nbsp;
If you want to read more news articles like this, visit <a style="color: #0000ff;" href="https://defi-planet.com/" rel="noopener noreferrer nofollow">DeFi Planet</a> and follow us on <a style="color: #0000ff;" href="https://twitter.com/PlanetDefi" rel="noopener noreferrer nofollow">Twitter</a>, <a style="color: #0000ff;" href="https://www.linkedin.com/company/defi-planet/" rel="noopener noreferrer nofollow">LinkedIn</a>, <a style="color: #0000ff;" href="https://www.facebook.com/DeFi-Planet-129907662611402" rel="noopener noreferrer nofollow">Facebook</a>, <a style="color: #0000ff;" href="https://www.instagram.com/defi.planet/" rel="noopener noreferrer nofollow">Instagram</a>, and <a style="color: #0000ff;" href="https://coinmarketcap.com/community/profile/DeFiPlanet/" rel="noopener noreferrer nofollow">CoinMarketCap Community</a>.
“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
The post <a href="https://defi-planet.com/2024/02/brad-garlinghouse-hints-at-potential-xrp-etfs-following-bitcoin-spot-etf-approval/" rel="noopener noreferrer nofollow">Brad Garlinghouse Hints at Potential XRP ETFs Following Bitcoin Spot ETF Approval</a> appeared first on <a href="https://defi-planet.com" rel="noopener noreferrer nofollow">DeFi Planet</a>.

Brad Garlinghouse Hints at Potential XRP ETFs Following Bitcoin Spot ETF Approval

DeFi Planet

在 2024年2月21日發表的其他文章

Hong Kong Issues Guidelines for Crypto Custody Firms

Are Whales Accumulating Ethereum? On-Chain Platform Shares Data

BTC Millionaire Shares Outlook on Bitcoin’s Soaring Future; Polkadot and Emerging AI Altcoin Seen...

USDC Discontinues Support on Tron Blockchain

Solana Faces Decline Toward $100 As Active Addresses Plunge By 30%! Here’s Next SOL Price Level

Why do Shiba Inu (SHIB) and Internet Computer (ICP) keep moving profits into DeeStream (DST) pres...

訂閱免費電子報，每天收取加密貨幣最新動態！