Ripple CEO: Multiple ETFs around different tokens are inevitable
Ripple CEO Brad Garlinghouse stated that the company will "welcome" exchange-traded funds (ETFs) based on the XRP token. It is inevitable to have multiple ETFs around different tokens. In addition, Garlinghouse also predicted that there will be basket ETFs in this field, which he believes will help investors "diversify risks." When asked if Ripple is currently negotiating with ETF issuers, the CEO declined to comment. However, Garlinghouse reiterated the company's position: "We believe this makes sense for the overall XRP community."
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