Ripple’s CEO eyes a $5T crypto market by 2024, banking on regulatory clarity and Bitcoin ETFs
Brad Garlinghouse, the CEO of Ripple, forecasts that the cryptocurrency market will reach a value of $5 trillion by 2024. He bases this prediction on the expectation of clear regulations and the introduction of Bitcoin exchange-traded funds (ETFs). The market is anticipated to expand as a result of the Bitcoin halving and the likely introduction of U.S. Bitcoin exchange-traded funds (ETFs). Garlinghouse thinks that well-defined legislation regarding crypto in the United States will foster stability and entice investment. The imminent halving of Bitcoin and the expected introduction of U.S. Bitcoin ETFs are regarded as important factors for market expansion, historically