Ripple’s CEO, Brad Garlinghouse, recently asserted during the 8th Annual Fintech Conference, organized by the Federal Reserve Bank of Philadelphia, that the approval of an XRP ETF is on the horizon, deeming it “inevitable.” His remarks underscore the growing optimism within the market regarding the regulatory prospects for digital assets. Joined by co-founder Chris Larsen, Garlinghouse emphasized the significance of institutional investment in bolstering the legitimacy and adoption of cryptocurrencies.
In a related development, Garlinghouse’s counterpart, Chris Larsen, announced a substantial contribution of $10 million in XRP to support Vice President Kamala Harris’ presidential campaign. This philanthropic gesture highlights the increasing intertwining of cryptocurrency influencers with political initiatives, showcasing the sector’s expanding influence within mainstream finance and governance.