Brad Garlinghouse, CEO of Ripple, confirmed that several applications for XRP exchange-traded funds (ETFs) are currently being reviewed in the US and Europe. He believes that such products could greatly enhance access to digital assets for institutional investors.
Confirmation of ETF Applications
In an interview featuring Garlinghouse, it was stated that 4-5 XRP ETF applications are under review in the United States, with at least one pending in Europe. He also indicated that we could see the launch of at least one of these products soon.
Strengthening Institutional Ties
Recent disclosures indicate that among Ripple’s co-investors are prominent firms like Goldman Sachs, Google, and Standard Chartered. This adds a layer of institutional legitimacy and underscores the deepening connections between Ripple and traditional financial systems.
Regulatory Challenges and Prospects
Garlinghouse noted that the timelines set by the SEC will be crucial for the future of XRP ETFs. The latter half of 2025 could prove pivotal for ETF watchers and investors.
The overall picture presented by Garlinghouse supports an optimistic outlook for XRP’s institutional adoption through ETFs, provided that regulatory reviews proceed favorably.
