Ripple Labs CEO Brad Garlinghouse believes that an XRP exchange-traded fund (ETF) is “just inevitable.” This comes after a long legal battle with the U.S. Securities and Exchange Commission about what counts as a security.

He pointed out that since the first Bitcoin ETFs were approved in January, about $17 billion has flowed into them. That’s a huge amount and shows just how fast this market is growing.

Garlinghouse stressed that this trend highlights a strong demand from both institutional and retail investors. People want access to this asset class, and the numbers back it up.

It’s clear that the interest is there. As more investors look for ways to enter the crypto space, an XRP ETF seems like a natural next step.