The post Ripple CEO Blasts SEC for Continuing to View XRP as a Security appeared first on Coinpedia Fintech News
At the recent Swell conference, Ripple CEO Brad Garlinghouse addressed the growing interest in XRP exchange-traded funds (ETFs). In an interview with Thinking Crypto said that while the timing of multiple ETF filings surprised him, he expected to see more products like these emerge. He pointed out that the approval of a Bitcoin ETF earlier this year hinted at a trend that would likely include Ethereum, Solana, and XRP ETFs.
Ripple’s Role in ETF Developments
When asked about Ripple’s involvement with ETF issuers, Garlinghouse explained that the nature of digital assets allows anyone to create an ETF without Ripple’s participation. However, Ripple is supportive and advocates for more XRP ETFs, seeing them as beneficial for the ecosystem.
Regulatory Hurdles: The SEC’s Influence
Garlinghouse raised concerns about the U.S. Securities and Exchange Commission (
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