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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