XRP News: Ripple CEO Teases XRP’s Future in U.S. Strategic Reserve and ETFs After SEC Case Dismissal
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. Dig...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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 StockpileDuring 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 HorizonWith 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 an XRP ETF in the U.S., in the footsteps of Bitcoin and Ethereum ETFs.
Market commentators suggest that the SEC’s decision to dismiss its case against Ripple relieves regulatory uncertainty, which could accelerate approval of ETFs. Significantly, the commission will likely address pending requests by May 2025 with speculation of over one XRP ETF set to be approved by May 22.
XRP Surges in Market RankingsAmid growing anticipation for an ETF and a more favorable regulatory environment, XRP has experienced a sharp price rally. Over the past 24 hours, XRP surged 11% to surpass $2.51, cementing its position as the third-largest cryptocurrency by market capitalization, trailing only Bitcoin (BTC) and Ethereum (ETH).
XRP was trading at around $2.42 at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin
The increased institutional interest in XRP is evident in the strong inflows into offshore-based XRP ETPs, even as other crypto investment products see outflows. This trend underscores a shift in market sentiment as regulatory pressure on XRP continues to ease.
Ripple’s Future OutlookBeyond ETF approvals and potential U.S. reserve inclusion, Ripple is exploring broader opportunities in the digital asset space. When asked about a possible Ripple Labs initial public offering (IPO), Garlinghouse did not rule out the possibility but clarified that it is not an immediate priority. “Something is possible; it isn’t a huge priority,” he noted.
US District Judge Analisa Torres denied SEC’s motion for certification of the interlocutory appeal. Source: X
Ripple has also been actively engaging with U.S. lawmakers and regulators to foster a more favorable environment for cryptocurrency innovation. Garlinghouse emphasized that under the Trump administration, the crypto industry has seen a notable shift in reception, with increased dialogue between policymakers and industry leaders.
“In the past, we couldn’t meet anyone at the White House. Now, we are welcomed. This change shows a broad acceptance of the Ripple market,” he remarked.
Final ThoughtsWith the SEC’s lawsuit now behind it, Ripple is poised for significant growth. The potential inclusion of XRP in the U.S. digital asset stockpile, combined with a likely ETF launch by late 2025, could mark a new era for the cryptocurrency. As institutional interest continues to rise and regulatory clarity improves, Ripple cryptocurrency appears well-positioned for long-term success in the evolving financial landscape.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Brave New CoinRelated market context
Trump Media pivots away from Bitcoin after $360M in digital asset losses
Trump Media's crypto losses highlight the risks of volatile digital assets, prompting a strategic shift towards stabilizing core b...
Trump Expected to Join Crypto CEOs at the White House a Day Before the CFTC’s First Innovation Panel
President Donald Trump is expected to attend a White House meeting on Wednesday with chief executives from the crypto, prediction...
Investors Cash Out Fast of Bitcoin ETFs but Price Remains Stable
Bitcoin Magazine Investors Cash Out Fast of Bitcoin ETFs but Price Remains Stable American investors have reversed course, cashing...
President Trump to resume negotiations on the Crypto Clarity Act within the next 2 days
The resumption of negotiations could accelerate regulatory clarity for digital assets, potentially boosting market confidence and...
Cboe pushes for 3x Bitcoin and Ethereum ETFs after 2x crypto funds suffer losses of up to 96%
Cboe BZX is asking the Securities and Exchange Commission (SEC) for an exception to its own generic listing rules so it can list f...
Jane Street buys $630M in Bitcoin ETFs, total holdings reach $1B
Jane Street's significant Bitcoin ETF holdings highlight the growing institutional acceptance and strategic importance of crypto a...