- Ripple CEO confirms XRP’s inclusion in the U.S. Digital Asset Stockpile.
- Garlinghouse expects XRP ETFs to gain approval in 2025.
- Ripple drops appeal, dealing a blow to the SEC’s crackdown.
As XRP’s community digests reports of the long-running case with the SEC coming to an end, a wave of positive fundamentals looms on the horizon. Ripple Labs CEO Brad Garlinghouse says XRP will be included in the White House Digital Asset Stockpile, boosting investor optimism.
In an interview with Bloomberg, Garlinghouse was extremely positive that XRP will lower the U.S. Digital Asset Stockpile. In his opinion, the outcome of Ripple’s case against the SEC provides regulatory clarity that renders XRP a front-runner to be included. He cited Trump’s past comments on Truth Social as an indicator of this possibility.
Ripple’s Inclusion in U.S. Digital Asset Stockpile
In early March, U.S. President Trump signed an executive order establishing the Digital Asset Stockpile and a Strategic Bitcoin Reserve. While Trump’s previous social media post namechecked XRP, the executive order omitted any mention of it, raising concerns about a potential exclusion. Garlinghouse dismissed these fears, maintaining a strong belief in XRP’s inclusion.
Garlinghouse pointed to his attendance at the White House Crypto Summit as further evidence of the administration’s openness to XRP. When asked how the government would acquire XRP, he speculated that confiscated cryptocurrencies from law enforcement seizures would form the bulk of holdings, alongside Bitcoin.
Comparing the current administration’s stance to Biden’s, Garlinghouse emphasized a stark difference in regulatory approaches. He claimed that under Biden, Ripple was unable to secure meetings with White House officials, whereas the current administration appears more receptive to discussions about cryptocurrency regulation and adoption.
XRP ETFs Expected to Gain Approval in 2025
Alongside speculation over the Digital Asset Stockpile, Garlinghouse remains highly confident in the approval of XRP ETFs in the U.S. He noted the growing number of ETF applications filed with the SEC, including proposals from major financial firms such as Bitwise and Franklin Templeton.
Despite the decline of some crypto ETFs, XRP-related exchange-traded products (ETPs) in foreign markets have seen significant inflows. Garlinghouse connected this shift with the tapering negative impact of the SEC lawsuit that made institutional participants reluctant to invest in XRP.
After the SEC closed its case, XRP went up 11% and traded at $2.54. Its daily trading volume increased by 166%, although some traders who were long in the market were at risk of getting liquidated because of the price action. It has also reignited the bullish speculation XRP’s recently observed bullish trend has caused regarding approval of a spot ETF in the U.S.
Garlinghouse blasted the SEC for its regulatory oversight under Chairman Gary Gensler, claiming that the lawsuit was crafted to control rather than protect investors. He accused the SEC of market manipulation, citing the $15 billion worth of XRP being holders’ value that has been lost during the bear market because of the lawsuit.
Calling the legal battle “lawfare,” Garlinghouse describes the legal battle and claims the SEC is trying to suffocate the digital asset industry within the United States. With XRP emerging victorious, and tremendously optimistic about the impact this landmark resolution will have for institutional investors and the regulatory environment, broader adoption of cryptocurrency seems possible.
Related Reading: XRP Price Prediction: XRP Set To Skyrocket As SEC Ripple Case Nears Conclusion
