XRP Surges Past $2.50 as Ripple CEO Hints at U.S. Crypto Reserve Role and ETF Potential
XRP has jumped 11% in the last 24 hours, reaching $2.51 and surpassing USDT to become the third-largest cryptocurrency by market capitalization, behind Bitcoin (BTC) and Ethereum (ETH).
Ripple CEO Brad Garlinghouse believes XRP could be included in the U.S. government’s strategic digital asset holdings and expects an XRP exchange-traded fund (ETF) to be approved by the end of 2025. He shared these insights during an interview with Bloomberg Markets.
His comments come on the heels of Ripple’s legal victory against the U.S. Securities and Exchange Commission (SEC), which officially dropped its case against the company on Wednesday, clearing a major regulatory hurdle.
“XRP has been mentioned in the context of the U.S. administration’s digital asset reserve plans,” Garlinghouse told Bloomberg’s Sonali Basak, referencing an executive order signed by President Donald Trump in early March.
He also pointed to the increasing number of applications for XRP ETFs, with firms like Franklin Templeton and Bitwise waiting for regulatory approval. “Given the success of XRP-based exchange-traded products (ETPs) internationally, I believe it’s only a matter of time before we see similar adoption in the U.S.,” he said.
When asked about the possibility of Ripple Labs going public, Garlinghouse didn’t rule it out but suggested it wasn’t an immediate focus. “It’s something we could consider, but it’s not at the top of our list right now,” he noted.
As XRP continues its strong upward trajectory, Ripple is positioning itself for increased institutional involvement and potential regulatory recognition in the evolving digital asset landscape.

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