Ripple CEO predicts crypto market cap to double to $5T by year-end due to U.S. spot Bitcoin ETFs and Bitcoin "halving".

Ripple CEO Brad Garlinghouse predicts the crypto market cap will double to $5 trillion by year-end, driven by the launch of the first U.S. spot Bitcoin ETFs and the upcoming bitcoin "halving." Garlinghouse cited the influx of institutional money into the market, facilitated by the ETFs, as a significant factor. He also noted that prices are likely to rise as demand increases and supply decreases.