- XRP surged 11% to $2.51, becoming the third-largest cryptocurrency by market cap.
- Ripple CEO expects an XRP ETF launch in late 2025 after the SEC dropped its lawsuit.
- XRP may be included in the U.S. strategic reserve under a new digital asset initiative.
Ripple CEO Brad Garlinghouse strongly believes XRP will join the proposed digital asset reserve of the United States. During his interview with Bloomberg Markets, the CEO of Ripple discussed his thoughts about XRP entering the U.S. strategic reserve and future strategies for an XRP ETF launch.
The potential inclusion of XRP in the U.S. strategic reserve aligns with a broader government initiative. President Donald Trump established a digital asset stockpile through an executive order and plans to accumulate several cryptocurrencies beyond Bitcoin. Garlinghouse states that the cryptocurrency provides an ideal solution for this initiative because of its performance capabilities and regulatory adherence.
XRP ETF Anticipated by 2025
Garlinghouse announced his positive projection regarding the debut of an Exchange-Traded Fund in the last quarter of 2025. According to Garlinghouse’s statements, two financial companies, Bitwise and Franklin Templeton, have submitted XRP exchange-traded funds applications to the U.S. Securities and Exchange Commission (SEC).
When discussing on exchange-traded products (ETPs) that succeed in markets outside the United States, he emphasized their potential for approval within his nation’s borders. Regulatory clarity generated after Ripple’s SEC legal settlement has created optimistic conditions for ETF initiation. The Securities Exchange Commission decided to end its case against Ripple, which brought major success to the company.
Market Performance and IPO Consideration
Because of Garlinghouse’s statements, the price of XRP increased by 11%, reaching $2.51. This ranks it as the third biggest cryptocurrency behind ETH and BTC. However, it faced market votality trading at 2.4 at press time. The cryptocurrency market now sees stronger signs that XRP can exist long-term within the cryptocurrency domain after recent price adjustments.
Garlinghouse was interested in the possibility of Ripple Labs’s initial public offering (IPO). He said Ripple Labs still has the potential to pursue an IPO as part of its future expansion strategy although he did not specify the timeframe. However, he emphasized that it is not an immediate priority.
A U.S.-backed cryptocurrency reserve concept has recently become popular among financial experts. Texas, Oklahoma, and other U.S. states are actively working on methods to include virtual assets in their treasury collections. Such implementation under federal control would impact the cryptocurrency space at the national level.
The developments surrounding the cryptocurrency’s potential inclusion in a national reserve and the possibility of an ETF signal growing institutional interest in digital assets. The coming months will determine how these discussions translate into policy and market actions.
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