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Brad Garlinghouse, CEO of Ripple, has taken to social media to react to the success of the launch of the first XRP fund (ETF) in the United States.
Those few words carry years of background history, given that Ripple had spent years fighting the US Securities and Exchange Commission.
As reported by U.Today, analyst Nate Geraci previously stated that the debut of the first pure XRP ETF would be the final nail in the coffin for the anti-crypto policies enacted by previous SEC administrations.
The most successful debut of the year?
Within 30 minutes of launch, $26 million worth of XRPC shares were traded.
It is a very promising start, which essentially means that there is a strong demand from investors for the popular altcoin.
Balchunas expects that it could exceed $57 million (the record for the launch of the ETF this year, set by a Solana ETF (BSOL).
