- Ripple CEO expects XRP ETF to launch by 2025, following legal victory and growing market interest in the token.
- XRP’s price fluctuates significantly, with net inflows driving price increases, highlighted by a recent peak in early 2025.
Ripple CEO Brad Garlinghouse is positive about the future of XRP, predicting the launch of an XRP exchange-traded fund (ETF) by the end of 2025.
This projection, which ETHNews noted, comes after Ripple’s legal victory over the U.S. Securities and Exchange Commission (SEC), marking a possible turning point for the cryptocurrency. Alongside the ETF, Garlinghouse also discussed the possibility of a Ripple Labs initial public offering (IPO).
Ripple CEO Brad Garlinghouse stated that he expects an XRP exchange-traded fund (ETF) to be launched by the end of 2025, and that XRP is likely to become part of the White House's proposed digital asset reserve. He also mentioned that a Ripple Labs initial public offering (IPO)…
— Wu Blockchain (@WuBlockchain) March 20, 2025
Garlinghouse pointed to an important development involving the U.S. government’s proposed digital asset stockpile. Following an executive order by President Donald Trump, which formalized a strategic reserve for digital assets, XRP is expected to be part of the nation’s digital asset reserve, positioning it as a key asset in the U.S. economic landscape.
Garlinghouse’s comments also highlighted the anticipated launch of an XRP ETF, which he expects to occur by the end of 2025. This forecast is supported by a growing number of XRP-related exchange-traded products (ETPs) gaining approval in markets outside the United States.
Notable firms, including Bitwise and Franklin Templeton, have submitted ETF applications to the SEC, contributing to the belief surrounding the approval process. Garlinghouse anticipates a wave of ETF approvals in the second half of 2025, marking a step forward for XRP’s mainstream adoption.
Ripple IPO: Not a Priority, But Possible
Garlinghouse recognized that a Ripple Labs initial public offering (IPO) could be an option in the future but stressed that it is not a key focus for the company right now. He mentioned that it isn’t a top priority, while it’s possible.
Instead, Ripple is concentrating on the XRP ETF and enhancing the token’s presence in the market. This focus on the ETF aligns with Ripple’s current strategy, as the company aims to leverage the growing interest in XRP after the legal resolution with the SEC.
Fluctuations in XRP’s Price and Net Inflows
Following these positive updates, XRP’s market aligned with the momentum, showing gains in price, especially around 2:00 PM. During this time, XRP’s price surged from $2.29 to above $2.50 before stabilizing.
During the time of writing, XRP was trading at $2.45, with a market cap of $142.45 billion. The trading volume has surged by 239%, indicating heightened market interest. XRP’s circulating supply currently sits at 58.1 billion, with a total supply of 99.98 billion.
A closer look at XRP’s price history shows that its price has fluctuated between $0.50 and over $3.00 over the past two years. These fluctuations have been closely tied to net inflows and outflows of XRP on exchanges.
Large net inflows coincide with price increases, while net outflows often correlate with price corrections. The most substantial price movement occurred in February and March 2025, when XRP peaked at $3.87 before experiencing subsequent outflows and a price correction.
