The future of cryptocurrencies in the U.S. is under scrutiny amid new executive orders and regulatory challenges. XRP's role remains central to the conversation.
Why Was XRP Left Out?
Ripple CEO Brad Garlinghouse, in a recent interview with Bloomberg, noted that XRP was not mentioned in President Trump's executive order creating a strategic reserve of crypto assets, although it was cited in a Trump post on Truth Social. Garlinghouse suggests that XRP may be part of the crypto reserve alongside Bitcoin.
Confidence in XRP's Future
Garlinghouse expressed confidence in the growing interest in crypto ETFs in the U.S. With major firms like Bitwise and Franklin Templeton involved, new ETFs are anticipated to be launched in the latter half of the year.
Statements on U.S. Crypto ETFs
Despite some outflows from crypto ETFs, Garlinghouse pointed to increasing inflows into XRP, attributing this to past negative actions by the SEC and changing market sentiment.
Garlinghouse believes XRP and the U.S. crypto market are set for positive changes due to evolving regulatory environments and new initiatives.
