The CEO of Ripple is Confident $XRP is Ready for the US Crypto Wallet and ETF Approval

The CEO of Ripple expects XRP to grow significantly as cryptocurrency may be included in reserves in the United States and approved for ETF, citing favorable regulatory changes. CEO of Ripple: $XRP Ready for Breakthrough in Cryptocurrency Reserve Fund and ETF of the United States The CEO of Ripple, Brad Garlinghouse, expressed confidence in bringing XRP into the cryptocurrency reserves of the United States and the approval of the XRP exchange-traded fund (ETF) in an interview with Bloomberg on March 19. The CEO of Ripple pointed out a statement by President Donald Trump on the social media platform Truth Social, where he stated that the United States would have a cryptocurrency reserve including top cryptocurrencies besides bitcoin. Trump specifically named Ether ( ETH ), XRP, Solana ( SOL ), and Cardano ( ADA ). Garlinghouse stated: I understand that there will be a strategic Bitcoin reserve fund, there will be a cryptocurrency reserve representing other cryptocurrencies, and I expect that it will include XRP. He further explained that the reserve will include seized cryptocurrencies: "Within the scope of various law enforcement agencies that have seized cryptocurrencies including XRP, they will be added to the reserve along with the Bitcoin Strategic Reserve."

The CEO of Ripple emphasized that the overall change in management attitudes towards cryptocurrencies, especially under the current administration, is very important for the future of XRP. He pointed out that Ripple and the cryptocurrency industry in general have previously struggled to attract policymakers, stating: "We couldn't get a meeting with people at the White House, now we are being welcomed." With the Biden administration having excluded XRP from previous regulatory plans, he views the current change as an opportunity for this token to be officially included in the national cryptocurrency reserves and for its investment products to achieve legitimacy through an ETF. Regarding the possibility of XRP ETF approval, Garlinghouse expressed strong optimism about the regulatory process. Expressing confidence in the approval of the XRP ETF, he stated: I have great confidence in the ETF. I think there are 11 different applications waiting for the SEC to submit to launch the XRP ETF. He predicts that these ETFs could be operational in the second half of the year, citing increased investor interest and a flow of funds into XRP-backed investment products. According to Garlinghouse, XRP has been constrained by "fake negative pressure from the SEC" but is now benefiting from a more favorable regulatory environment. He argues that as U.S. policy shifts from hostile to supportive of cryptocurrency, the investment landscape for XRP will be stronger, increasing the likelihood of ETF approval. Contributing to the growth momentum of XRP, the U.S. Securities and Exchange Commission (SEC) has decided to withdraw its appeal against Ripple, marking an important victory for the company after years of legal battles. This decision removes a significant legal burden, further strengthening confidence in the future of XRP in the U.S. financial system.