Ripple CEO Brad Garlinghouse stated that the company would "welcome" exchange-traded funds (ETFs) based on the XRP token. It is inevitable that there will be various ETFs based on different tokens. In addition, Garlinghouse predicted that there will be basket ETFs in this field, which he believes will "diversify risk" for investors. When asked if Ripple is currently in talks with ETF issuers, the CEO declined to comment. However, Garlinghouse reiterated the company's position: "We believe this is meaningful for the overall XRP community."
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Ripple CEO: The emergence of multiple ETFs around different tokens is inevitable
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