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Ripple CEO Forecasts Possible Crypto ETF For SOL, ADA, XRP, How This Token Will Also Benefit

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Ripple CEO Brad Garlinghouse has endorsed the inevitable approval of an exchange-traded fund (ETF) for multiple digital assets, including Solana (SOL), Cardano (ADA), and Ripple (XRP). His sentiment comes after the approval of a spot ETF for the premier altcoin Ethereum (ETH). This revolutionary event is poised to impact the broader market at full length, with emerging DeFi coins like RCO Finance (RCOF) reaping the associated benefits. As the latest innovation in the decentralized finance (DeFi) sector, RCO Finance is expected to further push DeFi into the spotlight, suggesting it could be the best crypto to buy now. Let’s find out what this sentiment is based on. 

Summary

CEO Of Ripple Highlights New Cryptos Ripe For an ETF

During a speech at the Consensus 2024 conference in Austin, Texas, on May 30, 2024, Brad Garlinghouse, the Chief Executive Officer (CEO) of XRP’s parent company, Ripple, proclaimed that a Solana (SOL), Cardano (ADA), and Ripple (XRP) exchange-traded fund (ETF) was in the cards. The approval of a Bitcoin and Ethereum ETF fuelled this sentiment.For context, the United States Securities and Exchange Commission (SEC) recently ratified multiple filings for a spot Ethereum ETF. While the process is only halfway through, this progression is considered favorable for the crypto industry. Experts have weighed its potential impact on other digital assets, including RCO Finance.Ark Invest CEO Cathie Wood suggested that crypto has become a subject in the ongoing US electoral campaign due to the easy pass the spot Ethereum ETFs received.Yet, Brad Garlinghouse maintained that these developments could spark regulatory revision for the new ETFs, which he regards as mere “speed bumps” rather than a significant hurdle.Moreover, Brad Garlinghouse has expressed disdain over the SEC’s unclear regulatory framework, particularly during the Ripple vs. SEC legal battle, which the former later won.Amidst these debates, Whale Alert spotlighted a deep-pocket investor who acquired 76.9 million XRP tokens valued at $40 million from Binance and moved them to an anonymous wallet address.This purchase had an infinitesimal impact on Ripple’s XRP, which has only gained 2.14% in the last four days. XRP currently trades at $0.524, with the price projected to inch higher in the coming days.RCO Finance: The First AI Assistant For DeFi TradersProjects concentrated in the DeFi sector are bound to benefit from the ETF saga, with RCO Finance likely to take the lead. RCO Finance is an AI-based platform for trading financial instruments such as stocks, bonds, shares, and real-world assets with cryptocurrencies.Notably, it features an AI robo advisor that proffers strategic investment alternatives to investors.Given its AI-powered machine-learning capabilities, it does not require human control. Therefore, it can execute trades on behalf of a user regardless of whether or not they are new to trading. This process eliminates the need for fund managers, financial counselors, brokers, or a third party.RCO Finance is the best digital asset platform to trade with, allowing users access to more than 12,500 different asset classes globally. Interestingly, due to its AI-ML advanced capabilities, it does not require KYC or previous trading knowledge. Holders of RCOF, the native token of RCO Finance, will be endowed with voting rights and enjoy reduced trading fees.

The DeFi Goldmine: Turn $1,000 Into $30,000 With RCOF!RCO Finance’s RCOF trades at $0.0127 in its opening presale stage. With multiple presale stages ahead, investors in the current stage stand to realize up to 3,000% returns on their capital before RCOF launches on exchanges. RCO Finance is expected to list at $0.04 to $0.06, suggesting that a $1,000 investment now could become over $30,000 upon launch.For more information about the RCO Finance Presale:Visit RCO Finance PresaleJoin The RCO Finance Community

*This article was paid for. Cryptonomist did not write the article or test the platform.

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