Ripple CEO Brad Garlinghouse recently expressed his belief that XRP, Solana (SOL), and Cardano (ADA) could be the next cryptocurrencies to see exchange-traded funds (ETFs) on the market.
Speaking at Consensus 2024, Garlinghouse shared his optimistic outlook following the US Securities and Exchange Commission’s (SEC) approval of spot Bitcoin (BTC) ETFs and progress on Ethereum (ETH) ETFs.
Will XRP, Solana, and Cardano Be the Next ETFs?
Garlinghouse’s confidence stems from the SEC’s approval of Bitcoin and Ethereum ETFs, which set a precedent that could pave the way for more diverse crypto ETFs. He sees this move as increasing the acceptance and recognition of cryptocurrencies within the financial sector.
“I think it’s just a matter of time, and it’s inevitable there’s gonna be an XRP ETF, there’s gonna be a Solana ETF, there’s gonna be a Cardano ETF, and that’s great,” Garlinghouse stated.
His perspective…
