Ripple CEO: XRP ETF to be Approved by End of Year, XRP to Be Included in US Crypto Reserves

BlockBeats News, September 18, Ripple CEO Brad Garlinghouse stated in an interview that the approval of a spot XRP ETF is "inevitable," and he expects the U.S. Securities and Exchange Commission to approve some or all pending applications by the end of the year. Currently, companies like Bitwise, Franklin Templeton, and Canary have submitted relevant applications. He also anticipates that the XRP token will ultimately become part of the U.S. government's crypto reserves.

Analysts are optimistic about the prospects of a XRP ETF's fund inflow. Crypto.com's CEO predicts that these funds will attract $8 billion in inflows in the first year, and JPMorgan Chase has also provided a similar forecast. (Themarketperiodical)