Ripple CEO Addresses XRP Futures ETF Launch, Signaling Institutional Interest in Crypto

Ripple’s CEO Brad Garlinghouse commented following the launch of the first XRP futures ETF on the Nasdaq exchange. This significant development marks a key milestone for Ripple and the broader digital asset space as institutional involvement deepens. Speaking during Ripple’s “Crypto in One Minute” podcast, Garlinghouse highlighted why crypto ETFs are gaining traction with traditional investors. He explained that large investors struggle to invest directly in cryptocurrency due to complexities surrounding exchanges and custody. ETFs offer a regulated solution by providing an opportunity for these entities like pension funds and mutual funds to directly invest in cryptocurrencies without using centralized exchanges or holding their crypto assets directly on their own accounts. ]