XRP News: Ripple CEO Teases XRP’s Future in U.S. Strategic Reserve and ETFs After SEC Case Dismissal
The post XRP News: Ripple CEO Teases XRP’s Future in U.S. Strategic Reserve and ETFs After SEC Case Dismissal appeared on BitcoinEthereumNews.com.
Ripple CEO Brad Garlinghouse has expressed strong confidence in XRP’s potential inclusion in the United States’ digital asset stockpile, as well as the anticipated launch of an XRP exchange-traded fund (ETF). These developments come in the wake of the U.S. Securities and Exchange Commission (SEC) dismissing its lawsuit against Ripple, marking a major milestone for both the company and the XRP token. XRP’s Role in the U.S. Digital Asset Stockpile During a recent Bloomberg interview, Garlinghouse pointed to President Donald Trump’s recent executive order, which established a Strategic Bitcoin Reserve and a broader digital asset stockpile. While XRP was not directly mentioned in the official order, Trump’s statements on Truth Social hinted at its potential inclusion. SEC clarifies XRP’s role as vital for state financial transactions, government payments, and interbank liquidity in the U.S. reserve strategy. Source: James Miller via X “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 stated. The Ripple CEO also suggested that the U.S. government could acquire XRP for its reserve through seized digital assets. While the specifics of the stockpile’s composition remain unclear, Garlinghouse believes XRP’s growing institutional adoption strengthens its case for inclusion. XRP ETF on the Horizon With regulatory hurdles now largely behind Ripple, Garlinghouse is optimistic about the approval of an XRP ETF by the second half of 2025. He also added that more than ten firms, including Bitwise and Franklin Templeton, have already filed with the SEC before. Ripple CEO Brad Garlinghouse expects an XRP ETF by 2025. Source: Amelie via X “I have immense belief in the ETFs,” he said, referencing the XRP exchange-traded products’ success around the world. It could radically improve investor demand and access by launching…
Filed under: News - @ March 20, 2025 11:23 pm