Ripple CEO Brad Garlinghouse looks closely related to XRP as part of the white house’s proposed digital asset warehouse and anticipates the launch of an XRP exchange traded fund (ETF) by the end of 2025, per year. Bloomberg Markets Interview.
Garlinghouse’s optimism came after the decision on Ripple’s long -standing legal battle with the US Securities and Exchange Commission (SEC), which ended with the agency dropping its case against the company on Wednesday.
“XRP was appointed by the President of Truth Social. (He said) There will be a strategic reserve in Bitcoin and a crypto day that will include things like XRP,” Garlinghouse told Bloomberg’s Sonali Basak and referred to the initiative formalized by President Donald Trump’s executive order in early March.
Ripple CEO also predicted a “wave of XRP ETF approvals” in the second half of 2025 and noticed a growing list of ten applications pending with SEC from companies such as Bitwise and Franklin Templeton.
“I have tremendous confidence in the ETFs,” he said, pointing to success with the XRP Exchange-Traded Products (ETPS) outside the United States in the meantime, a ripple labs exchange listing is not out of questions either. “Something is possible; it’s not a huge priority,” he said.
XRP has risen 11% to over $ 2.51 in the last 24 hours, which led gains in the wider market. It has turned UST to become the third largest token at market value behind Bitcoin and Ether (ETH) from Asian Morning Thursday.
