At the Consensus 2024 conference, Ripple CEO Brad Garlinghouse said that the XRP ETF is inevitable, predicting a future with more crypto ETFs like SOL. He believes the cryptocurrency market is on track to reach a $5 trillion valuation, driven by the recent approvals of Bitcoin and Ether ETFs in the US. Garlinghouse highlighted the potential of various successful crypto projects focusing on various aspects of decentralized finance and digital assets.
Blackrock CEO Larry Fink, in a separate interview, neither confirmed nor denied the possibility of creating an XRP ETF, sparking speculation. Crypto ETFs are critical because they offer investors a regulated and easy way to gain exposure to digital assets without directly managing them, easing the technical and regulatory challenges that typically deter traditional investors.
According to cointelegraph.com
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Ripple (XRP) has become the second major cryptocurrency
Ripple moved Ethereum to third place in the ranking of cryptocurrencies with the largest capitalization and moved to second. The coin has surged more than 100% this month as investors believe banks and service providers will soon default to it when making cross-border payments.
Will SBI start using XRP token?
During a briefing with SBI Financial, CEO Yoshitaka Kitao said that the company has already begun negotiations on a new project to use Ripple by R3.
