Ripple CEO Comments on Grayscale’s XRP Decision, Shares Prediction!

Among the world’s financial giants Grayscale yesterday the first USA XRP announced that it would launch a trust. This move by Graysacle was interpreted as paving the way for a potential spot XRP ETF.

While Grayscale’s move to XRP was met with great enthusiasm in the cryptocurrency industry, Ripple CEO’su Brad Gralinghouse also commented on this decision.

Garlinghouse, who shared from his X account, stated that he was surprised to see the news. However, Garlinghouse argued that this development was inevitable, considering the prime clarity that XRP has now gained in the US.

According to the Ripple CEO, this move by Grayscale paves the way for XRP to grow even further, and he said that XRP growth is only a matter of time.

Was (pleasantly) surprised to see this news…though inevitable, as well?!

As I’ve said before, with XRP having regulatory clarity in the US and other countries, I expect it’s only a matter of time for this space to grow. https://t.co/tIqZMZeuNW

— Brad Garlinghouse (@bgarlinghouse) September 12, 2024

Experts who evaluated the latest developments said that the situation is now XRP He stated that the tide had turned in his favor.

Experts stated that Grayscale’s launch of a trust for a product could pave the way for a spot ETF in the future, and many people also believe that the XRP trust will eventually become a spot XRP ETFHe stated that he predicted that it could turn into.

Experts say Grayscale is seen as the primary driver for spot ETF offerings in the market. Bitcoin (BTC) ve Ethereum (ETH) showed their products as examples.

A sudden rise after the Grayscale news XRP It continues to trade at $0.566, up more than 5% in the last 24 hours.

*This is not investment advice.