I don't think we should blame the CEO of Ripple, Inc. But rather, the US government itself with its unclear crypto regulations. The on-going battle between the SEC and Ripple, tells us that the US government still doesn't understand the difference between a commodity and security in the crypto/Blockchain space. Until XRP gets out of the "gray regulatory landscape", don't expect it to go to the moon anytime soon.

The only reason the SEC approved Bitcoin spot ETFs was because of constant pressure from big institutional investment companies (eg: BlackRock, VanEck, Fidelity, etc). XRP doesn't have the same interest/demand as BTC, so the odds for a spot ETF approval are slim. There could be "light at the end of the tunnel" if the dust settles between the SEC and Ripple, Inc. Who knows what the future holds for XRP?