Ripple CEO Brad Garlinghouse believes XRP ($2.02) may soon join the United States’ digital asset reserve, potentially alongside Bitcoin. He also remains optimistic about the launch of an XRP Exchange-Traded Fund (ETF), citing the growing acceptance of cryptocurrencies under the current U.S. administration.

Government’s Changing Stance on XRP

In an interview with Bloomberg, Garlinghouse discussed how the U.S. government’s approach to cryptocurrencies has evolved. Initially, the presidential executive order left XRP out of the country’s digital asset stockpile, recognizing only Bitcoin as a strategic reserve. 

However, he remains confident that XRP will gain inclusion soon. Garlinghouse highlighted a significant shift in the Trump administration’s outlook on the crypto industry. 

Related article: XRP ETF Speculation Heats Up—4% Price Surge Signals Investor Excitement

The government has recently adopted a more active regulatory stance, signaling a more favorable environment for digital assets. He sees this as an opportunity for Ripple and other crypto firms to engage with lawmakers and regulators more effectively.

Ripple’s Legal Challenges and Market Outlook

With the Securities and Exchange Commission (SEC) dropping its appeal against Ripple, Garlinghouse shared insights into the company’s future. He revealed that Ripple had spent nearly $150 million on legal battles.

Despite these challenges, the company has remained committed to expanding its global presence and strengthening its position in the market.

Related article: XRP Skyrockets 7% in a Week: Can It Keep The Momentum?

Additionally, Garlinghouse noted the rising interest in XRP among investors and traders. He attributed this growth to the reduced regulatory pressure from the SEC, which had previously created uncertainty in the crypto market.

XRP’s Future in the U.S. Market

Garlinghouse believes the shifting regulatory landscape could pave the way for XRP’s inclusion in the U.S. strategic reserve and the approval of an ETF. 

If these developments materialize, XRP could gain broader adoption and attract institutional investors. With regulatory concerns easing, he expects XRP’s market presence to strengthen significantly in the coming months.

The post Ripple CEO: XRP ETF and Strategic Reserve Listing Nearing Approval appeared first on FXcrypto News.