Ripple CEO Confident of XRP Being Included in U.S. Strategic Reserve, Says IPO is Possible
Ripple CEO Brad Garlinghouse sees closely related XRP as part of the White Houses proposed digital asset stockpile and anticipates the launch of an XRP exchange-traded fund (ETF) before the end of 2025, per a Bloomberg Markets interview.
Garlinghouses optimism came after the resolution of Ripples long-standing legal battle with the U.S. Securities and Exchange Commission (SEC), which concluded with the agency dropping its case against the company on Wednesday.
XRP was named by the President of Truth Social. (He said) theres gonna be a bitcoin strategic reserve and a crypto stockpile that will include things like XRP, Garlinghouse told Bloombergs Sonali Basak, referring to the initiative formalized by President Donald Trumps executive order in early March.
The Ripple CEO also foresaw a wave of XRP ETF approvals in the second half of 2025, noting a growing list of over ten applications pending with the SEC from firms like Bitwise and Franklin Templeton.
I have immense confidence in the ETFs, he said, pointing to the success of XRP exchange-traded products (ETPs) outside the U.S. Meanwhile, a Ripple Labs IPO isnt out of question either. Something is possible; it isnt a huge priority, he said.
XRP has climbed 11% to over $2.51 in the past 24 hours, leading gains in the broader market. It has flipped USDT to become the third-largest token by market capitalization behind bitcoin (BTC) and ether (ETH) as of Asian morning hours Thursday.
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Text source: CurrencyCrypt
