During a recent conversation with “Bloomberg Crypto,” Ripple’s CEO Brad Garlinghouse discussed his views on the possible creation of an XRP Exchange Traded Fund (ETF), the regulatory landscape for cryptocurrencies, and Ripple’s approach to the changing digital asset market. The recent approval of a spot Bitcoin ETF by the SEC has sparked excitement in the crypto community, leading to speculation about potential developments for other major cryptocurrencies. Garlinghouse has shown great enthusiasm for the idea of an XRP ETF, seeing it as a logical progression in the diversification and growth of cryptocurrency investments. He said that it is logical, compared to the early days of the stock market when diversification was essential for managing investment risk, not just a strategy. Also, read about how a prominent Egyptian bank is collaborating with Ripple for cross-border payments. Garlinghouse expressed that there will likely be additional ETFs in the future in the cryptocurrency space, but it is uncertain when they will emerge. He emphasized the likelihood of such financial products becoming more prevalent. The Ripple CEO also criticized the SEC’s past reluctance to approve these products, noting that a Bitcoin ETF was only approved after facing legal challenges. Garlinghouse noted that the Bitcoin ETFs only got approved due to the pressure from the courts on the SEC and Gensler. He believes that the introduction of cryptocurrency ETFs will be advantageous for the market, improving its safety and resilience. It enhances the safety of these markets. It gives them greater strength and durability. He stressed that it would be beneficial for the investment community to embrace this, suggesting a optimistic future with the introduction of additional cryptocurrency ETFs. Senator Warren is concerned about attorney Deaton’s potential candidacy.