• Ripple CEO Brad Garlinghouse predicts the launch of XRP, Solana and Cardano ETFs is imminent.
• Garlinghouse steered there could also be regulatory hurdles to beat earlier than an ETF could be accepted, just like what has occurred with Bitcoin and Ethereum.
• Reflecting on ETH’s ambiguous standing, the CEO harshly criticized the regulatory challenges prevalent in america.

Ripple CEO Brad Garlinghouse predicted that exchange-traded funds (ETFs) for XRP, Solana and Cardano will quickly be launched following the SEC’s latest approval of an Ethereum ETF. “It’s only a matter of time,” he mentioned, including that he was optimistic.

Garlinghouse acknowledged that the SEC confronted a number of delays and regulatory hurdles earlier than approving each the spot Bitcoin ETF and the Ethereum ETF, and predicted different ETFs would encounter comparable challenges. However he characterised these obstacles as merely “pace bumps,” including, “I feel it's only a matter of time. It's inevitable that we'll see an XRP ETF, a Solana ETF, a Cardano ETF. That will be nice.”

Throughout the interview, the Ripple CEO mentioned that the platform would “actually welcome” an XRP ETF, and likewise mentioned the potential for launching a number of ETFs based mostly on totally different cryptocurrencies, noting that this may “diversify danger” for buyers.

Throughout the dialogue, Garlinghouse criticized the regulatory uncertainty prevalent within the U.S. Citing the anomaly surrounding Ether's standing, Garlinghouse mentioned:

“When Gary Gensler was summoned earlier than Congress and requested if Ethereum is a safety, he refused to reply the query. Nevertheless, he maintains that the foundations are very clear and don’t must be up to date.”

Following the approval of the Ethereum ETF, specialists have speculated on the potential introduction of a number of ETFs, notably the XRP and SOL ETFs. Normal Chartered analyst Jeffrey Kendrick predicts the XRP and Solana ETFs will likely be launched after 2025.