Ripple CEO Brad Garlinghouse expressed confidence in XRP’s inclusion in the U.S. crypto stockpile and the approval of an XRP exchange-traded fund (ETF) in an interview with Bloomberg on March 19. The Ripple executive pointed to a statement by President Donald Trump on social media platform Truth Social, where he stated that the U.S. will have a crypto reserve that includes top cryptocurrencies in addition to bitcoin. Trump specifically named ether ( ETH), XRP, solana ( SOL), and cardano ( ADA).
Garlinghouse stated:
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.
He further explained that the stockpile would be composed 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.”
The Ripple CEO emphasized that the overall shift in regulatory attitudes toward crypto, particularly under the current administration, was crucial for XRP’s future. He pointed out that Ripple and the broader crypto industry had previously struggled to engage with policymakers, stating: “We couldn’t get a meeting with people at the White House, now we’re welcomed.” With the Biden administration having left XRP out of previous regulatory plans, he sees the current shift as an opportunity for the token 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 about regulatory progress. Expressing his confidence in XRP ETF approval, he stated:
I have immense confidence in the ETF. I think there’s 11 different filings pending with the SEC to launch XRP ETFs.
He projected that these ETFs could go live in the second half of the year, citing increased investor interest and inflows into XRP-backed investment products. According to Garlinghouse, XRP had been held back by “false negative pressure from the SEC” but is now benefiting from a more favorable regulatory environment. He argued that as U.S. policy shifts from hostility to support for crypto, XRP’s investment landscape will strengthen, making an ETF approval more likely.
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. This decision removes a major legal overhang, further strengthening confidence in XRP’s future within the U.S. financial system.
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