Ripple CEO expects XRP ETFs to launch by H2 2025, XRP whale holdings surge 6.5% to $114B

Here’s why Pi Network, Jasmy, LTC, Ethena, and altcoins are down

Ripple CEO Brad Garlinghouse expects XRP exchange-traded funds to launch in the U.S. by the second half of 2025.

Here’s why Pi Network, Jasmy, LTC, Ethena, and altcoins are down

In a Mar. 19 interview with Bloomberg Crypto, Brad Garlinghouse expressed strong confidence in the approvals, citing Ripple’s XRP legal win against the Securities and Exchange Commission as a key turning point. Institutions now have greater trust in XRP’s legal standing as a result of this resolution, according to Garlinghouse. He also hinted that XRP could play a role in a U.S. government digital asset reserve.

Here’s why Pi Network, Jasmy, LTC, Ethena, and altcoins are down

Meanwhile, large investors continue to accumulate XRP. According to Santiment data, wallets with at least one million XRP have grown their holdings by 6.5% in the last two months to a total of 46.4 billion XRP, around $114 billion. With six times as many unique wallet interactions in March, network activity has also increased. Following the Mar. 19 regulatory victory, the price of XRP rose more than 10% to a high of $2.57, but it has since leveled off at $2.45, up 6% in the last 24 hours. The market’s next move is still uncertain, but XRP’s growing popularity and whale accumulation point to rising investor confidence.