Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»Ripple CEO Garlinghouse Predicts Ether ETF Approval and Criticizes SEC’s Approach
ADOPTION NEWS

Ripple CEO Garlinghouse Predicts Ether ETF Approval and Criticizes SEC’s Approach

By Crypto FlexsJanuary 18, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ripple CEO Garlinghouse Predicts Ether ETF Approval and Criticizes SEC’s Approach
Share
Facebook Twitter LinkedIn Pinterest Email

Brad GarlinghouseRipple’s CEO recently expressed his excitement for the future of cryptocurrency exchange-traded funds (ETFs), with a particular focus on Ether (ETH) and the regulatory approach of the U.S. Securities and Exchange Commission (SEC). speech at world economic forum In Davos, Garlinghouse emphasized the inevitability of other cryptocurrencies like Ether following Bitcoin’s path to ETF approval in the U.S., despite not explicitly predicting a similar path for Ripple’s XRP.

Garlinghouse’s comments come after the SEC approved several Bitcoin ETFs, which he believes sets a precedent for similar cryptocurrency investment products. But he expressed concern about the SEC’s current regulatory strategy under Chairman Gary Gensler, describing it as a “political liability” and not in the best interest of the long-term growth of the U.S. economy. He criticized Gensler’s repetitive actions and varying expectations of results, predicting that a change in SEC leadership would be beneficial to the American people.

The Ripple CEO highlighted the US judicial system’s pressure on the SEC, noting that the Bitcoin ETF approval came only after US courts condemned the SEC’s approach as arbitrary and capricious. This legal battle sets a worrying precedent for future ETF approvals, which may require similar judicial intervention.

Garlinghouse also discussed the important role of stablecoins such as USDT and USDC, advocating for regulatory clarity around them. He looks forward to other players in the stablecoin market, emphasizing their importance in solving real-world needs.

Ripple’s relationship with U.S. regulators, particularly the SEC, has been complicated by legal issues related to classifying XRP as a security or currency. The SEC filed a lawsuit against CEO and co-founder Ripple Labs Inc. in December 2020, alleging that XRP was an unregistered security. This ongoing legal battle has become a major point of contention within the cryptocurrency community.

In conclusion, Garlinghouse’s comments reflect broader sentiment in the cryptocurrency industry regarding regulatory issues and the potential for widespread acceptance of cryptocurrency ETFs in the U.S. market. His insights provide a critical perspective on the SEC’s current position and its impact on the future growth and stability of the cryptocurrency market.

Image source: Shutterstock

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

Gala Games improves leader board rewards and introduces preference systems.

June 20, 2025

Ether Leeum Whale starts a $ 11 million leverage betting in the 30% increase in ETH prices.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

Impact of multi-functional cryptocurrency brokers on market stability after FTX collapse

November 29, 2023

Game Changers for Digital Asset Investment Strategies

February 8, 2024

BitMEX founder Arthur Hayes details ‘massive trading’ as Bitcoin and cryptocurrency markets rise.

November 10, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.