Ripple CEO Brad Garlinghouse said that the emergence of XRP-based spot exchange-traded funds is “inevitable.”
In his opinion, the launch of
Ethereum-ETF will open the door for other cryptocurrencies to the stock market and it will be difficult for the
SEC to give a waiver to launch the instruments. Garlinghouse named Solana (SOL) and Cardano (ADA) among other ETF contenders.
Galaxy Digital CEO Mike Novogratz is also confident in Solana's potential to enter the U.S. stock market, given its “impressive performance” over the past year.
P.S. After reading such a statement, one can only come to one conclusion - the current year will be interesting on news. Let's be patient + don't forget to fix income from the assets we bought earlier.
