**Ripple ETF Incoming: XRP, ADA, SOL Approval Inevitable**
CryptoNewsTerminal Staff31 May, 2024
**Ripple ETF Incoming: XRP, ADA, SOL Approval Inevitable**
Ripple CEO Brad Garlinghouse has declared at Consensus 2024, the inevitability of XRP, Solana (SOL), and Cardano (ADA) ETFs (Exchange Traded Funds). Despite the "regulatory hurdles" in the US, Garlinghouse maintains that these ETF approvals are not a question of "if" but simply "when". Regulatory clarity from the government remains a crucial factor. Garlinghouse criticized SEC Chair Gary Gensler for applying outdated regulations to the evolving crypto markets. "That's absurd," Garlinghouse asserted. Ripple's prediction of ETF approval for these prominent crypto assets underscores the industry's growing maturity and the anticipation of wider institutional adoption. The approval of these ETFs would provide investors with a safer and more accessible way to gain exposure to the cryptocurrency market.
