In a recent interview with Bloomberg, Ripple Labs CEO Brad Garlinghouse expressed his strong belief that an XRP ETF is “inevitable,” despite the ongoing legal challenges between the company and the U.S. Securities and Exchange Commission (SEC). Garlinghouse’s comments come amid significant developments in the cryptocurrency ETF space, especially following the launch of Bitcoin as the first crypto-backed ETF in the United States earlier this year.
Garlinghouse highlighted the massive inflows of $17 billion into the Bitcoin ETF since its approval in January, highlighting the strong demand from institutional and retail investors for exposure to the digital asset.