Ripple CEO Highlights Growing Institutional Interest In XRP

According to U.Today, Ripple CEO Brad Garlinghouse recently emphasized the increasing institutional interest in XRP. In a tweet, Garlinghouse responded to milestones mentioned in Ripple's latest quarterly report, stating that the market's message is clear – institutional interest in XRP products is stronger than ever. He noted that Bitwise, Canary, and 21Shares have filed S-1s for XRP ETFs, while Grayscale has launched an XRP Trust and filed to convert its multi-asset fund, including XRP, into an ETF. ETFs are crucial for investors, especially institutions, to gain exposure to digital assets. They represent a significant maturation step in any market, including crypto, as they provide legitimacy and confidence, potentially attracting more traditional financial companies and driving wider acceptance of cryptocurrencies. In Q3, as highlighted in Ripple's