output:input: Ripple CEO Brad Garlinghouse sees closely related XRP as part of the White House’s proposed digital asset stockpile and anticipates the launch of an XRP exchange-traded fund (ETF)
Ripple CEO Brad Garlinghouse sees closely related XRP as part of the White House’s proposed digital asset stockpile and anticipates the launch of an XRP exchange-traded fund (ETF) before the end of 2025, Garlinghouse said in an interview with Bloomberg Markets.
Garlinghouse’s optimism came after the resolution of Ripple’s long-standing legal battle with the U.S. Securities and Exchange Commission (SEC), which concluded with the agency dropping its case against the company on Wednesday.
“XRP was named by the President of Truth Social. (He said) there’s gonna be a bitcoin strategic reserve and a crypto stockpile that will include things like XRP,” Garlinghouse said,
The Ripple CEO also foreshadowed a “wave of XRP ETF approvals” in the second half of 2025, highlighting the pending status of over ten applications from firms such as Bitwise and Franklin Templeton.
“I have immense confidence in the ETFs,” Garlinghouse stated, further mentioning the success of XRP exchange-traded products (ETPs) in regions outside the U.S.
In other news, Garlinghouse touched upon the possibility of a Ripple Labs IPO, saying, “Something is possible; it isn’t a huge priority.”
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