In a Tuesday interview with Bloomberg, Long suggested that U.S. regulatory tailwinds—particularly with the Trump administration’s pro-crypto stance—could turbocharge the approval process for new spot crypto ETFs. The most likely candidates for the next wave of crypto spot ETFs are XRP, Solana, and Dogecoin.

“I think we will see one very soon,” Long stated. “I think that we will see more crypto spot ETFs this year coming out of the U.S., and I think XRP is likely to be next in line after bitcoin and ether. We think, especially with the administration change, the approvals of those filings will accelerate.”

Ripple’s RLUSD Stablecoin Grows

And there’s more brewing at Ripple. Long explained that RLUSD, the firm’s new stablecoin, is making its way onto additional exchanges “imminently.” She believes RLUSD will become a cornerstone of Ripple’s payments and money business. Rolled out in December on both Ethereum and the XRP Ledger, RLUSD already boasts a $72 million market cap. On Tuesday, Chainlink integrations added an extra layer of DeFi utility, potentially unlocking even broader adoption opportunities.

Meanwhile, the ETF buzz got louder in October when Bitwise became the first asset manager to file for an ETF tied directly to XRP. Canary Capital, WisdomTree, and 21Shares followed suit soon after, but no firm decision has emerged from the U.S. Securities and Exchange Commission just yet.

The Bitwise XRP ETF Filing, Source: SEC

Still, the optimism is tangible. Ever since November, speculation has been that a crypto-friendly Trump administration might give regulatory blessings that favor tokens associated with U.S. companies—like Ripple Labs, which oversees XRP, and the XRP ledger token, and others such as Uniswap. 

Good News for XRP

In more good news for XRP, Ripple reports that in the last six weeks of 2024 alone, it inked more domestic deals than it had in the previous six months. XRP’s price has likewise shot up by over 300% since Trump’s win, outpacing every other major token—fueled by the rising conviction that U.S. engagement could spark the next great crypto rally.

In fact, the hype around Ripple and XRP is heating up this further week because Ripple CEO Brad Garlinghouse was spotted having dinner with President Trump at Mar-a-Lago. Trump gave Brad the thumbs up, and XRP investors are taking that as a positive signal that the XRP price will do well in 2025.

Ripple CEO Brad Garlinghouse in crypto talks with President Trump Source: X

Garlinghouse said this week that 75% of Ripple’s open positions are now based in the US, a stark contrast to the past four years, during which the company prioritized hiring abroad. “For Ripple, this is even more personal after Gary Gensler’s SEC effectively froze our business opportunities here at home for years,” he wrote in a post on X

Of course, there’s always a contrarian take: Past administrations promised clarity that never arrived, so it remains to be seen whether the current momentum will translate into long-term policy changes. But for now, if Long’s right, an XRP ETF could be just around the corner—providing a whole new playground for both crypto diehards and mainstream investors alike.

XRP Price Set to Rally Higher

Analyst Credibull wrote on X, that “after the current BTC pullback, XRP will put in a higher low and prepare for the next leg up”. XRP price targets are significantly higher than you think. For crypto investors building a long term portfolio, XRP should be considered as a core 2025 position.

Source: X