The Chief Executive Officer of Ripple, Brad Garlinghouse, foresees the likely introduction of an exchange-traded fund (ETF) for XRP in the American market during the latter portion of 2025.
During a current discussion with Bloomberg Crypto, Garlinghouse voiced considerable assurance in the authorization of an XRP ETF, emphasizing Ripple’s lawful triumph over the Securities and Exchange Commission (SEC) as a crucial juncture.
Garlinghouse mentioned the significant desire for such ETFs, noting that XRP investment offerings outside of America have already witnessed steady inflows, whereas other crypto funds have faced difficulties. He opines that regulatory burden on XRP has lessened following the SEC’s choice to abandon its legal action against Ripple.
According to Garlinghouse, the settlement has instilled increased assurance in XRP’s legal position among establishments. He even implied the chance of XRP assuming a role in United States government digital asset holdings.
“I’m very confident that an ETF…there are now 11 different filings that are in front of the SEC waiting for approval to launch an XRP ETF. I think those are going to launch in the back half of this year,” Garlinghouse expressed.
Presently, a minimum of ten XRP ETF submissions are awaiting SEC authorization, encompassing proposals for spot, leveraged, and inverse ETFs. Prominent asset management enterprise Franklin Templeton has also become a member of the listing of candidates. The enhanced connection between Ripple and regulators, along with a converting SEC perspective on cryptocurrencies, may additionally accelerate the procedure.
The wider market additionally indicates self belief in the release of an XRP ETF. Following the SEC’s rejection of the case, the possibility of an XRP ETF being authorized in 2025 rose to 84% on the crypto prediction internet site Polymarket.
Simultaneously, massive investors persist in accumulating XRP. Information from Santiment indicates that wallets retaining at least one million XRP have improved their holdings by 6.5% within the past months, totaling 46.
At the moment, the market is flooded with 4 billion XRP tokens, with an estimated value of $114 billion. Network usage has also increased, with independent wallet interactions increasing six times in March. VanEck: Essential Information Disturbing the Bitcoin Uptrend
Although the upcoming market movement is unknown, XRP’s rising popularity, combined with whale accumulation, suggests growing investor trust. Since the regulatory victory on March 19, XRP’s price has risen by more than 10%, hitting a high of $2.57 before settling at $2.45, a 6% increase in the last day. This increase demonstrates a favorable market mood and renewed investor interest in XRP.
