The CEO of Ripple, Brad Garlinghouse, sees XRP linked to a stock of digital stocks offered from the White House and plans to launch a fund (ETF) negotiated in exchange XRP before the end of 2025, according to an interview on the Bloomberg markets.
Garlinghouse’s optimism occurred after the resolution of the Ripple’s long-standing legal battle with Securities and Exchange Commission (SEC) of the United States, which ended Wednesday with the Agency against the Company.
“XRP was appointed by the president of Truth Social. (He said) that there will be a Bitcoin strategic reserve and a crypto stock that will include things like XRP,” Garlinghouse told Sonali Basak from Bloomberg in early March.
The CEO of Ripple also planned a “wave of ETF XRP approvals” in the second half of 2025, noting an increasing list of more than ten applications pending with the dry of companies like Bitwise and Franklin Templeton.
“I have immense confidence in the ETF,” he said, pointing to the success of XRP exchanging products (ETP) outside the United States, an IPO Ripple Labs is not out of the question either. “Something is possible; this is not a lot of priority,” he said.
XRP has climbed from 11% to more than $ 2.51 in the last 24 hours, leading gains on the larger market. He overthrew the USDT to become the third token in greater by market capitalization behind Bitcoin and Ether (ETH) from Asian in the morning on Thursday.
