Ripple's CEO Predicts XRP Exchange-Traded Fund Launch by Q4 2025, XRP Included in Potential White House Reserve Suggestion
Ripple's Chief Executive Officer, Brad Garlinghouse, has expressed optimism regarding the potential debut of an XRP-based Exchange Traded Fund (ETF) by the fourth quarter of 2025. Additionally, he suggested that XRP could be incorporated into the US Strategic Crypto Reserve, a proposed digital asset reserve recently confirmed by former President Trump.
At the White House Crypto Summit earlier this month, the US Strategic Crypto Reserve was announced, with Bitcoin being the only digital asset held so far. However, Garlinghouse's comments indicate a possibility of XRP being included in the future.
While Michael Saylor, CEO of MicroStrategy, has advised Trump to hold Bitcoins under the US Treasury, the US government has yet to make any such move. The Strategic Crypto Reserve represents the United States' foray into broader digital asset stockpiling, with potential inclusions beyond Bitcoin, such as Ethereum, Solana, and Cardano.
Garlinghouse also hinted at the possibility of a Ripple Labs Initial Public Offering (IPO), but stressed it is not currently a top priority for the company. Meanwhile, XRP analysts are closely monitoring the price trends, with ATH price targets set at $5 and $8 should a bullish trend be confirmed.
Current market analysis suggests the XRP price could be on the verge of a double bottom or another downward wave. A close above $2.66 would be a positive sign, followed by another close above $2.97 as a second bullish confirmation. Should these targets be hit, a close at $3.40 could signal the start of a confirmed bullish trend.
In other related news, companies like VivoPower are considering XRP for use as a treasury reserve asset, having raised $121 million to support this initiative. However, New Hampshire's law requiring cryptocurrencies with a market cap over $500 billion to be considered for its digital asset reserve might pose a challenge for XRP's inclusion, given its current market cap of $125 billion.
Regardless, the focus remains on general developments in the crypto landscape and potential regulatory changes that may impact XRP's status. As of now, no definitive updates regarding XRP's inclusion in the US Strategic Crypto Reserve have been reported.
The US Strategic Crypto Reserve, originally meant for Bitcoin, may potentially include XRP in the future, as suggested by Ripple's CEO, Brad Garlinghouse. This means that XRP, a cryptocurrency, could be a part of the broader digital asset stockpiling by the US government, alongside other cryptocurrencies like Ethereum, Solana, and Cardano.
