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Ripple News: Brad Garlinghouse Expects XRP ETF in 2025, Discusses Ripple's IPO
The CEO of Ripple, Brad Garlinghouse, has an optimistic view of the future of XRP and predicts that the XRP exchange-traded fund (ETF) will launch by the end of 2025. This comes after Ripple's legal victory against the Securities and Exchange Commission (SEC), marking a potential turning point for the cryptocurrency. In addition to the ETF, Garlinghouse also discussed the possibility of Ripple Labs conducting a public sale (IPO).
Garlinghouse pointed out an important development regarding the digital asset reserve proposed by the United States government. Following the executive order of President Donald Trump, which formalizes the strategic reserve for digital assets, XRP is expected to be part of the national digital asset reserve, positioning it as a key asset in the context of the U.S. economy. Garlinghouse's comments also highlighted the anticipated launch of the XRP ETF, which he hopes will occur by the end of 2025. This forecast is supported by the increasing number of exchange-traded products (ETP) related to XRP that have been approved in markets outside the United States. Notable companies, including Bitwise and Franklin Templeton, have submitted ETF applications to the SEC, contributing to the confidence surrounding the approval process. Garlinghouse predicts a wave of ETF approvals in the second half of 2025, marking a step forward for mainstream adoption of XRP. Ripple's IPO: Not a priority, but possible Garlinghouse admitted that Ripple Labs' initial public sale (IPO) could be an option in the future but emphasized that it is not the company's current main focus. He stated that it is not the top priority, while still being possible. Instead, Ripple is focusing on the XRP ETF and enhancing the presence of this token in the market. This focus on the ETF aligns with Ripple's current strategy, as the company wants to capitalize on the growing interest in XRP following the legal resolution with the SEC. XRP price volatility and net cash flow into After these positive updates, the XRP market has followed an upward trend, showing a price increase, especially around 2:00 PM. During this time, the price of XRP rose from $2.29 to above $2.50 before stabilizing. As of the time of writing, XRP is trading at $2.45, with a market capitalization of $142.45 billion. The trading volume has surged by 239%, indicating increased market interest. The circulating supply of XRP is currently at 58.1 billion, with a total supply of 99.98 billion.
Looking closely at the price history of XRP shows that its price has fluctuated between $0.50 and over $3.00 in the past two years. These fluctuations are closely related to the net inflows and outflows of XRP on exchanges. Large net inflows coincide with price increases, while net outflows usually correlate with price corrections. The most significant price volatility occurred in February and March 2025, when XRP peaked at $3.87 before experiencing subsequent outflows and price corrections.