%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment The chief executive officer (CEO) of %Cryptocurrency firm %Ripple (CRYPTO: $XRP ) says more crypto exchange-traded funds (ETFs) are likely coming to market. Brad Garlinghouse, Ripple’s CEO, says approval of XRP, %Solana (CRYPTO: $SOL ) and %Cardano (CRYPTO: $ADA ) ETFs look inevitable after regulators approved spot %Bitcoin (CRYPTO: $BTC ) and %Ethereum (CRYPTO: $ETH ) exchange-traded funds. "I think it's just a matter of time, and it's inevitable there's gonna be an XRP ETF, there's gonna be a Solana ETF, there's gonna be a Cardano ETF, and that's great," he said when speaking at a conference. Garlinghouse added that there will be a significant regulatory approval process before other cryptocurrencies such as Solana and Cardano are approved, but in the end these will be “speed bumps.” Garlinghouse also used his comments to criticize the U.S. Securities and Exchange Commission (SEC) for its lack of regulatory clarity regarding cryptocurrencies. Specifically, Garlinghouse said that the SEC needs to be clear about whether crypto is a security and should be regulated like stocks. He added that cryptocurrency is becoming an issue in this year’s U.S. presidential race and that Ripple continues to expand internationally, with 60% of its staff operating in offices located in London, England, Geneva, Switzerland, and Singapore. “Getting the regulatory posture right in the United States is just critical,” said Garlinghouse. The price of XRP, the cryptocurrency associated with Ripple, a crypto settlement system, has declined 17% on the year and currently trades at $0.52 U.S. per digital token.