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Ripple CEO brad garlinghouse 
brad garlinghouse
Brad Garlinghouse is the CEO of the financial technology company Ripple Labs, he is an extremely popular name across the global crypto landscape. He has previously served as the CEO of Hightail, a file-sharing service, and is also an active angel investor. He joined Ripple as COO in April 2015, answering to the CEO and prime supporter, Chris Larsen. He was elevated to CEO in December 2016. Initially, he worked at AOL and Yahoo! From 2003 to 2008, he filled in as Senior Vice President at Yahoo!, where he ran its Homepage, Flickr, Yahoo! Mail, and Yahoo! Courier divisions. While at Yahoo!, he wrote an inner update known as the "Peanut Butter Manifesto," requiring the organization to zero in on its core business instead of extending itself excessively far, much like peanut butter.
Details:
Organization: RippleLocation: United StatesEducation: MBA from Harvard Business School and BA from The University of KansasSkills: Venture capital and Startups
Experience:
CEO at Ripplefrom from Jan 2017 - Present ·President and COO at Ripple logo from Apr 2015 - Dec 2016Board Member at Animoto from 2012 - Dec 2017Tonic Health, an R1 company logoBoard Member at Tonic Health from 2011-2016Board Member at Ancestry from 2013 - 2016CEO at Hightail from May 2012 - Sep 2014
FAQs
Who is Brad Garlinghouse?The CEO of Ripple, a financial technology business that specializes in blockchain technology and the cryptocurrency XRP, is Brad Garlinghouse. He has played a significant role in advancing cross-border payments using blockchain technology.What is Brad Garlinghouse's role at Ripple?Garlinghouse is in charge of Ripple's expansion and strategic direction in his capacity as CEO. Ripple has concentrated on using blockchain technology to enhance international payment networks under his direction.
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is confident that an XRP spot ETF is inevitable. In fact, Polymarket bettors seem to agree, giving it an 81% chance of approval this year. Sounds promising, right?
But hold on – a new study by top ETF analyst Eric Balchunas tells a different story. According to his research, XRP has lower approval odds than Litecoin (LTC), Solana (SOL), and even Dogecoin (DOGE). Yes, you read that right—DOGE, the meme coin, might have a better shot at an ETF than XRP!
So, what’s really going on? And why is XRP falling behind? Let’s dive into the details.
Why Is XRP ETF Facing a Tough Time?
Balchunas’s research suggests XRP has only a 65% chance of getting a spot ETF approval in 2024. The main reason? The SEC does not classify XRP as a commodity, which makes approval more difficult.
Despite these challenges, XRP’s price remains strong. It is currently trading at $2.49, with a 365.8% increase over the past year—despite market ups and downs fueled by Ripple’s legal battle with the SEC.
Solana Has Better Odds Than XRP
The study also reveals that Solana (SOL) has a stronger chance of getting an ETF than XRP. The research gives SOL over a 70% probability of approval in 2025.
This is surprising because the SEC labeled SOL an unregistered security in its lawsuits against Coinbase and Binance. However, the report notes that the SEC’s acknowledgment of Grayscale’s Solana ETF proposal boosts its chances.
Currently, SOL is priced at $202.50, up 84.4% in the past year.
Litecoin ETF Has the Best Odds
Importantly, the research notes that there is a 90% probability of an LTC spot ETF to get approval from the US SEC in 2025.
The research emphasises its clear regulatory status as a prime reason enabling it to gain a better position than XRP and SOL.
At the moment, LTC is trading at $127.44, showing a 76.7% increase over the past year. Just in the last seven days, it has surged by 27%.
Dogecoin’s ETF Chances Shock Analysts
The biggest surprise in the research? Dogecoin (DOGE) has a better chance at ETF approval than both XRP and SOL.
While the report doesn’t give an exact percentage, it states that DOGE—a meme coin—has “far better” odds of getting SEC approval than the two major altcoins.
Balchunas’s research suggests that XRP has the lowest ETF approval odds among major altcoins, while Litecoin has the highest.
However, Polymarket traders are much more optimistic about an XRP ETF. In the end, the SEC’s stance will determine which cryptocurrencies get approval.
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With the ETF race heating up, XRP may need more than just optimism to secure its spot among the approved.
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