Ripple CEO Praises Launch of First US Spot XRP ETF

Published at 2025-11-13 16:15:28

Ripple CEO Brad Garlinghouse used social media to congratulate the market on the successful launch of the first US spot-based XRP exchange-traded fund. He framed the debut as a major milestone for XRP, highlighting that the ETF opens a clearer, regulated channel for institutional and retail investors to gain exposure to the token. The move matters because a spot ETF can boost liquidity, broaden investor access, and signal growing mainstream acceptance after years of regulatory scrutiny around XRP. Garlinghouse’s positive reaction underscores Ripple’s view that wider institutional participation could accelerate on-chain activity and commercial use cases, while also increasing market attention on XRP’s role in payments and settlements.

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Ripple and UC Berkeley today unveiled UDAX, an accelerator for projects building on the XRP Ledger; nine startups completed the pilot and received technical mentorship and VC introductions. The program aims to deepen developer activity and drive real-world use cases for XRP Ledger technology.

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Published at 2026-01-17 22:45:05

Defiance Closes Ethereum ETF After Only Four Months

Miami-based Defiance ETFs announced Thursday it will close its Ethereum ETF after just four months on the market. The abrupt decision underscores mounting pressure in the competitive spot-ETH ETF landscape.

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Published at 2026-01-17 18:15:09

XRP Volume Surges in Korea After Traders Exploit Spot-Only Exchange Loophole

XRP has overtaken Bitcoin and Ethereum as South Korea’s retail trading favorite after traders exploited a spot-only exchange loophole, sending local volume sharply higher. The shift underscores divergent regional preferences and could alter price discovery and regulatory focus.

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Published at 2026-01-17 13:30:07

Democrats Criticize SEC After It Drops Ripple Lawsuit

Democrats are publicly reproaching the Securities and Exchange Commission after the agency quietly abandoned its long-running lawsuit against Ripple and several other firms, raising questions about enforcement and transparency.

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Published at 2026-01-16 19:31:23

Ripple and UC Berkeley Graduate First UDAX Cohort After $58M Tokenized on XRPL

Ripple and UC Berkeley’s UDAX accelerator has graduated nine startups whose projects have tokenized $58 million and launched on the XRPL mainnet. The milestone signals early momentum for tokenization and developer activity in the XRP ecosystem.