EddieJayonCrypto
19 Jan 24
Ripple CEO Brad Garlinghouse expresses his optimism for Bitcoin ETFs in an interview with Fox Business, emphasizing the product's recent overtaking of silver as the second-largest commodity ETF. He discusses the United States SEC's approval of 11 spot Bitcoin ETF applications and the conversion of a...
Ripple CEO Brad Garlinghouse expresses his optimism for Bitcoin ETFs in an interview with Fox Business, emphasizing the product's recent overtaking of silver as the second-largest commodity ETF. He discusses the United States SEC's approval of 11 spot Bitcoin ETF applications and the conversion of almost $30 billion from Grayscale's Bitcoin Trust into an ETF. Garlinghouse also criticizes US regulators and points to legal disputes between the SEC and Coinbase, while asserting that countries like Japan, the UK, and Switzerland are actively establishing regulatory frameworks.
Ripple CEO Brad Garlinghouse reiterates how bullish he is on Bitcoin exchange-traded funds (ETF), amid the product now surpassing silver as the second largest commodity ETF. "It’s a very big deal, in large part it is further validation from institutions, and this case, a government entity,” he states.
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