Editor's PiCK
Ripple CEO: "XRP Spot ETF Expected to Launch in Second Half of This Year"
Suehyeon Lee
Summary
- Ripple CEO Brad Garlinghouse predicted that the XRP spot ETF will be launched in the second half of this year.
- Garlinghouse expressed high confidence in the XRP ETF.
- He stated that the SEC's withdrawal of the lawsuit is a victory for Ripple Labs and the digital asset industry.
Ripple Chief Executive Officer (CEO) Brad Garlinghouse predicted that the XRP spot ETF will be launched in the second half of this year.
On the 19th (local time), Garlinghouse said in an interview with Bloomberg, "I expect the XRP spot ETF to be launched in the US market in the second half of this year," adding, "I have tremendous confidence in the ETF."
Meanwhile, regarding the conclusion of the lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs with the SEC's withdrawal of its appeal, Garlinghouse stated, "The SEC's withdrawal of the lawsuit is a victory for Ripple Labs and the entire digital asset industry."
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
![Trump ally Myron, a Fed governor, resigns White House post…pushing for rate cuts until Warsh arrives? [Fed Watch]](https://media.bloomingbit.io/PROD/news/75fa6df8-a2d5-495e-aa9d-0a367358164c.webp?w=250)
