Recent information from an interview with Ripple CEO Brad Garlinghouse suggests potential timelines for the launch of an XRP ETF. Garlinghouse expressed confidence that these products might appear as early as 2025, generating significant interest among investors.
Garlinghouse's Statement on ETF Timelines
In a recent interview, Garlinghouse stated, 'I think we’re gonna see it, I think it’ll probably be 2025.' His response highlights hopes for regulatory approval of these products that could align with market expectations.
Key ETF Deadlines for XRP in October
The U.S. Securities and Exchange Commission (SEC) is set to respond to multiple XRP ETF applications in October. Major issuers such as Grayscale and WisdomTree are anticipating decisions between October 18 and 25. These rulings could significantly affect both the XRP market and investor sentiment.
Investor Expectations for XRP ETFs
Approval of one or more ETF applications could unlock significant capital inflows into XRP. Predictions suggest that up to $5 billion could arrive in the first month. If approved, XRP would join Bitcoin and Ethereum as one of the few digital assets with available ETFs.
Garlinghouse's remarks reinforce optimistic expectations for an XRP ETF launch. It is crucial to monitor news from the SEC in October, as the decisions made could have a substantial impact on the market.
