- Ripple CEO Brad Garlinghouse’s 2024 comments on XRP ETFs resurfaced, highlighting that filings were already underway and ETF products beyond BTC and ETH were “inevitable.”
- The clip stirred speculation as firms like Grayscale, Fidelity, and VanEck were linked to XRP ETF filings, though no official BlackRock filing exists.
- Multiple XRP ETF applications remain under SEC review in 2025, with approval timelines uncertain, keeping price movements tied to regulatory updates.
A clip from late 2024 featuring Ripple CEO Brad Garlinghouse has found its way back into circulation this month, sparking new debate about XRP’s place in the ETF conversation. The video, originally recorded at DC Fintech Week, shows Garlinghouse speaking about the explosive growth of Bitcoin ETFs and where XRP could fit into the picture.
ETF Growth and XRP’s Potential Spot
In the clip, Garlinghouse highlighted how Bitcoin ETFs, after their U.S. debut in January 2024, raked in roughly $17 billion in inflows within weeks—what he called the fastest ETF growth in history. He tied this surge to institutional and retail demand for safer, regulated access to crypto. Then he pivoted to XRP, revealing that two or three filings for XRP ETFs were already floating around at the time. According to him, the launch of such products wasn’t a matter of “if,” but “when,” hinting at a wider expansion beyond Bitcoin and Ethereum.
Garlinghouse even floated the idea of “basket ETFs” that could package multiple tokens into one offering, something he believed would catch institutional eyes and add new buying pressure across markets, XRP included.
Market Speculation and ETF Filings
The resurfaced interview was reshared on X by analyst account Crypto X AiMan, who suggested that Garlinghouse’s outlook could be a reason to keep XRP on the radar through 2025. The post listed firms like Bitwise, Grayscale, Fidelity, WisdomTree, and VanEck as among those linked to filings, while also stirring chatter about BlackRock. But as the narrator clarified, BlackRock has not officially filed for an XRP ETF—at least not yet.
Market watchers noted that ETF rumors have repeatedly driven XRP’s price swings in recent years. Still, they stressed that real impact depends on regulatory greenlights and demand once the products actually launch.
SEC Delays and Lingering Uncertainty
As of August 2025, multiple XRP ETF filings remain stuck in review with the SEC. No approvals have been granted. The Commission has a habit of extending deadlines, often citing investor protection and market stability concerns. Legal experts caution that approval timelines are unpredictable, especially for tokens outside the Bitcoin–Ethereum duopoly. Political shifts, too, could slow or speed the process.
For now, XRP’s price appears more sensitive to regulatory cues than to charts or technical setups. Analysts argue that if ETFs tied to XRP do eventually gain traction, they could widen institutional access and reshape demand. But until then, the speculation remains just that—speculation.
