Ripple CTO Denies Increased XRP Sales, CEO Comments on Bitcoin ETFs

Ripple’s CTO, David Schwartz, has debunked rumors of increased XRP sales in December, stating that the figures are inaccurate. He clarified that Ripple’s XRP holdings have not significantly changed quarter-on-quarter and any changes are due to regular transfers, grants, and sales.In response to the approval of Spot Bitcoin ETFs, Ripple’s CEO, Brad Garlinghouse, expressed his belief that this development will further legitimize crypto as an asset class and spur institutional adoption. Despite this, an XRP ETF is not expected to launch this year, according to Bloomberg analyst James Seyffart.

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