Ripple CEO Brad Garlinghouse believes spot XRP-based exchange-traded funds (ETFs) are 'inevitable' despite the legal dispute with the SEC.
Garlinghouse predicts that the approval of Bitcoin and Ethereum ETFs will pave the way for other cryptocurrencies like XRP.
Multiple firms, including Bitwise and Canary Capital, have filed for applications to launch spot XRP ETFs.
Although the SEC's approval of an XRP ETF is uncertain due to the ongoing lawsuit, Garlinghouse insists that there is demand from institutional and retail investors for access to XRP.