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Ripple CEO Makes Remarkable Statement About XRP, Solana, and Cardano

Ripple CEO Brad Garlinghouse predicts that spot ETFs for XRP, Solana, and Cardano will eventually be approved.

Upon approval of United States Securities and Exchange Commission (SEC) for the Bitcoin ETF and then the Ethereum ETF has caused investors to question other altcoin ETFs.

In order to answer this question, analysts have pointed out the strongest candidate after BTC and ETH ETF Solana (SOL). In addition, they also pointed out some other notable altcoins such as XRP, Litecoin (LTC) and Cardano (ADA) is also considered the next ETF candidate.

Ripple CEO Brad Garlinghousemade important statements about cryptocurrency while attending the Consensus 2024 conference.

He predicted that following positive developments in Bitcoin and Ethereum spot ETFs, spot ETFs for XRP, Solana and Cardano will be finally approved.

In the speech, the Ripple CEO said:

Once the SEC approves the Bitcoin and Ethereum ETFs, I believe the XRP, SOL, and ADA ETFs are also set to launch. I think it’s just a matter of time and there will definitely be an XRP ETF, Solana ETF and Cardano ETF eventually.

Yes, it would be great.

Garlinghouse believes that the XRP, SOL and ADA ETFs will also be approved, although he hopes there will be a regulatory approval process before these ETFs are approved.

Soon after, Ripple CEO criticized the vague regulations on cryptocurrency by the SEC, emphasized the need for clearer regulation in the United States and said

As the world’s largest economy, the United States represents the ultimate decentralization in terms of regulatory clarity.

QCP Capital claims these are the altcoins that are getting everyone’s attention

Mark Tyson
Mark Tyson
Freelance News Writer. Always interested in the way in which technology can change people's lives, and that is why I also advise individuals and companies when it comes to adopting all the advances in Apple devices and services.
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