The approval of the XRP Crypto ETF has recently become a central topic, especially after Ripple CEO Brad Garlinghouse has publicly expressed his confidence about the token outlook. In an interview with Bloomberg on March 19, he shared a bit of optimism about the potential inclusion of XRP into the US crypto stockpile and the possibility of approval of some ETFs currently under consideration.
Gerlinghouse was clear about the following facts:
“I have great confidence in ETFs. I think there are 11 different filings pending in the SEC to launch XRPETF.”
How XRP’s US Crypto ETF approval can shape Ripple’s future
The possibility of XRP’s Crypto ETF approval appears to be gaining power now after President Trump’s recent statement on establishing US crypto preparedness, which features top cryptocurrencies along with Bitcoin, and he made a special mention to XRP.
Gerlinghouse explained:
“My understanding is that there is a strategic reserve for Bitcoin. I hope there will be a cryptographic stockpile that represents other ciphers and include XRP.”
Regulatory shifts support Ripple
A huge change in the situation in the US crypto market has been observed by Ripple’s team in recent months. Previous struggles with regulators have turned into something more positive as they could quickly help XRP’s Crypto ETF approval.
Garlinghouse pointed out:
“We couldn’t meet people in the White House. We’re welcome now.”
The token was previously suppressed for quite some time by what Garlinghouse described as a “false negative from the SEC.” Now, as the SEC has ultimately dropped its appeal against Ripple, this will remove XRP’s major legal hurdles until potential ETF approvals.
Composition of cryptographic stockpiles
According to Ripple XRP executives, the proposed cryptocurrency stockpile will mainly consist of cryptocurrencies seized over time by various authorities.
Gerlinghouse explained:
“As long as various law enforcement agencies seize codes containing XRP, they will enter stockpiles in addition to Bitcoin’s strategic reserves.”
Key market impact of XRP ETF approval
As regulators are now gradually removing regulatory barriers, approval of the XRP Crypto ETF could have a significant impact on the value of the token at the time of writing. Many analysts and industry experts are now reevaluating the XRP price forecast model as potential ETFs could attract substantial institutional investment in the US crypto market.
What is the potential approval timeline?
Garlinghouse predicts that these investment vehicles could be unveiled later this year. So we’re talking about a relatively short waiting period for investors seeking regulated XRP exposure.
The timeline also appears to be in line with a broader trend in the crypto ETF approval process, as regulators have recently shown an increasing openness to digital asset products. Ripple CEO’s confident outlook is a sign of growing optimism about the approval of the XRP Crypto ETF and the improved relationship between Ripple and regulators. Finally, this is a key component of token’s future growth in the US crypto market.
