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...
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.
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