Ripple CEO Sees Crypto ETFs as Major Catalyst for Institutional Adoption and Price Growth of XRP

Ripple CEO Brad Garlinghouse has highlighted the major role that cryptocurrency exchange-traded funds (ETFs) could play in accelerating institutional adoption of digital assets, with a particular focus on XRP. He emphasized that regulated crypto ETFs provide accessible and compliant investment pathways for institutional investors such as pension funds and mutual funds, removing operational and regulatory hurdles that have historically limited their involvement in the crypto market. The strong performance and rapid asset growth of spot Bitcoin ETFs, such as BlackRock’s IBIT, which quickly reached record AUM milestones, demonstrates the potential for institutional capital inflows once regulatory barriers are cleared. Following the expansion from Bitcoin to other ETFs like Ethereum, market participants are closely watching for future spot ETF approvals, including for XRP, Solana (SOL), Dogecoin (DOGE), and Litecoin (LTC). While a spot XRP ETF has not yet been approved and its launch timing remains uncertain due to fluctuating regulatory odds, Garlinghouse remains optimistic given the recent launches of futures-based XRP ETFs. The growing discussion around XRP ETFs, marked by active hashtag use and media coverage, reinforces rising expectations. Ultimately, Garlinghouse believes ETFs not only offer easier market access but also legitimize crypto assets in mainstream finance, with far-reaching implications for XRP’s adoption and price dynamics. This trend signals deeper institutionalization in the crypto sector, potentially setting the stage for significant price movement and expanded trading opportunities for XRP if spot ETF approval is attained.