Just a few months ago, ETFs were not a thing, at least not in the crypto world, but today, they seem to be the new craze among crypto users. We’ve had a surge of different ETFs pumped into the market, from Ethereum ETFs to their Bitcoin counterparts. But according to one man, it won’t be just those two for much longer. He believes other cryptocurrencies will soon get their spotlights in the ETF game.

As of this moment, Ripple Labs is almost as famous for its 4-year legal battle with the US SEC as it is for its XRP cryptocurrency. However, despite still being in lock horns with the SEC in court, Ripple’s CEO, Brad Garlinghouse, has many other things in mind. Garlinghouse believes that Ripple will eventually offer its XRP cryptocurrency as an ETF. He believes an XRP ETF is “inevitable”.

The ETF market is certainly eye-catching. The first crypto ETFs, BTC ETFs, were approved just a few months ago and have already seen over $17 billion flow into the industry. According to Garlinghouse, these billion-dollar figures simply show that there is a gigantic demand for Exchange-traded funds, and he just wants to give people what they want. 

Apart from the ETF market, Garlinghouse was also very optimistic about the crypto market. He stated that he believes the market is nearing a $5 trillion valuation, mainly because of the addition of the recently approved Spot Bitcoin and Ethereum ETFs in the US.

Garlinghouse then noted that there are so many different projects in the crypto space, each focusing on various aspects and facets of Decentralized Finance and Digital assets. He also stated that there is no reason why there cannot be many different projects winning in the crypto space. 

But while Garlinghouse’s optimistic attitude towards the possibility of an XRP ETF is now in the news, this is not the first time the issue of a potential XRP ETF has been raised. 

Earlier this year, during an interview with Fox Business, Larry Fink, the CEO of BlackRock, the world’s largest asset management firm, was questioned about the possibility of his firm offering an XRP ETF sometime in the future. 

In his reply to the question, the CEO of the $10 trillion asset manager did not rule out the possibility of an XRP happening. All he said was that he couldn’t discuss that particular matter. 

Fink’s answer was not conclusive, but it was not exactly a shutdown. This answer has sparked speculation in the market about the possibility of an XRP ETF, and now that Brad Garlinghouse, another big name in the crypto industry, has mentioned it, the spark has gotten even bigger.

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