• Ripple CEO Brad Garlinghouse says XRP ETFs may come in 2025
• Garlinghouse believes an XRP ETF is “simply inevitable” after the approval of Ethereum and Bitcoin ETFs
• The launch of XRP ETFs is expected to drive a significant surge in the price of XRP
Ripple Labs CEO Brad Garlinghouse recently spoke about the future of Spot XRP ETFs, saying they may come in 2025. Let’s examine his comments and what they could mean for XRP‘s price.
Garlinghouse Predicts XRP ETFs by 2025
In an interview on Fox Business, Garlinghouse stated his belief that an XRP ETF is “simply inevitable.” He thinks we’ll see one by 2025, following Bitcoin and Ethereum ETFs.
Garlinghouse says people want exposure to more crypto commodities beyond just Bitcoin and Ethereum. So it makes sense for XRP to join the ETF market as well. This would give investors another option alongside ETH and BTC ETFs.
Impact on XRP Price
The potential approval of Spot XRP ETFs is expected to significantly boost XRP’s price.
When news first broke about possible Bitcoin and Ethereum ETFs, those assets surged to new highs after getting approved. While XRP’s exact price reaction is uncertain, it would likely skyrocket on the ETF news.
Garlinghouse and other Ripple executives have predicted the first XRP ETF applications could come in 2024 or 2025. This timeline matches the CEO’s latest comments.
Once the ETF ball gets rolling, XRP could see considerable upside. The $1 level is possible if XRP follows Bitcoin and Ethereum’s lead.
Conclusion
Brad Garlinghouse’s optimistic ETF outlook bodes well for XRP holders. If XRP ETFs become a reality in the next couple years as he expects, the crypto’s stagnant price may soon change course.
