Ripple CEO Brad Garlinghouse has expressed strong confidence in XRP’s potential inclusion in a U.S. crypto stockpile and the approval of an XRP exchange-traded fund (ETF), citing a significant shift in regulatory attitudes.1
In a Bloomberg interview on March 19th, Garlinghouse referenced a statement made on Truth Social, where the future policy indicated that the U.S. would establish a crypto reserve containing major cryptocurrencies alongside Bitcoin, including ether (ETH), XRP, solana (SOL), and cardano (ADA).2
“My understanding is there’s going to be a Bitcoin Strategic Reserve, there’ll be a crypto stockpile representing other cryptos, and I would expect that will include XRP,” Garlinghouse stated.
He further explained that this stockpile would likely consist of seized cryptocurrencies: “To the extent that various law enforcement agencies have seized cryptos which would include XRP, those would go into the stockpile in addition to the Bitcoin Strategic Reserve.”3
Garlinghouse emphasized the importance of the evolving regulatory landscape, particularly under the current administration, for XRP’s future.4 He noted that previously, Ripple and the crypto industry faced difficulties engaging with policymakers, contrasting that with the current more receptive environment.
“We couldn’t get a meeting with people at the White House, now we’re welcomed,” he remarked. This shift, he believes, presents an opportunity for XRP to be formally included in national crypto reserves and for its investment products to gain legitimacy through an ETF.
Regarding the potential approval of an XRP ETF, Garlinghouse expressed strong optimism, stating:
“I have immense confidence in the ETF. I think there’s 11 different filings pending with the SEC to launch XRP ETFs.”
He projected these ETFs could be approved in the second half of the year, attributing this to increased investor interest and inflows into XRP-backed investment products.5 According to Garlinghouse, XRP had been hindered by “false negative pressure from the SEC” but is now benefiting from a more favorable regulatory climate.6
He argued that as U.S. policy transitions from hostility to support for crypto, XRP’s investment landscape will strengthen, increasing the likelihood of ETF approval.
Adding to XRP’s momentum, the U.S. Securities and Exchange Commission (SEC) has decided to drop its appeal against Ripple, marking a significant victory for the company after years of legal battles.7 This decision removes a major legal overhang, further solidifying confidence in XRP’s future within the U.S. financial system.8
