A video clip from October 2024 featuring Ripple CEO Brad Garlinghouse resurfaced in August 2025.
The comments, recorded during DC Fintech Week, addressed the future of XRP exchange-traded funds (ETFs) and drew attention to ongoing applications under US regulatory review.
Garlinghouse Outlined ETF Market Growth and XRP Interest
In the 2024 interview, Garlinghouse discussed the rapid adoption of Bitcoin ETFs following their launch in the United States in January 2024.
He said these products attracted about $17 Billion in inflows shortly after release, marking what he described as the fastest growth in ETF history at the time.
He linked this demand to strong interest from both institutional and retail investors in gaining regulated access to tokens.
He then shifted to XRP, noting that two or three filings for XRP ETFs were already in progress at that point.
He said such products were inevitable over time and that the ETF market would expand beyond Bitcoin and Ethereum.
Garlinghouse also pointed to the potential for “basket” ETFs. These would hold multiple tokens in a single product, a format he believed could draw more institutional participation.
He said such developments might add buying pressure across several tokens, including XRP.
XRP Price Discussion Tied to ETF Filings
The resurfaced clip was shared on X by the account Crypto X AiMan. In the accompanying breakdown, the creator said Garlinghouse’s remarks could be a reason to track XRP ahead of potential catalysts in 2025.
The video connected ETF approvals with the possibility of significant price movements, although no specific timeline was confirmed.
The narrator listed firms reported to have filed for XRP ETFs. These included Bitwise, Grayscale, 21Shares, Canary Capital, WisdomTree, CoinShares, VanEck, Fidelity, Ark Invest, and Franklin Templeton.
The breakdown also mentioned speculation about BlackRock, noting that Ripple executives and BlackRock representatives had appeared at the same industry events.
However, the narrator confirmed that no official BlackRock filing for an XRP ETF existed at press time.
Market analysts said that ETF speculation often influenced the XRP price in recent years.
They added that while institutional applications could signal confidence, actual price impacts depended on regulatory approval and investor demand once a product launched.
Pending SEC Reviews Shape Market Expectations
As of August 2025, multiple XRP ETF applications were still awaiting review by the US Securities and Exchange Commission (SEC).
No approvals had been granted. The SEC often extended review periods for token-linked ETFs, citing the need for additional analysis of market impact and investor protection measures.
Legal experts said approval timing remained uncertain. They noted that previous applications for token-based ETFs outside Bitcoin and Ethereum faced repeated delays.
They also said that political and regulatory priorities under the current administration could influence the pace of approvals.
For XRP, the ETF conversation reflected a broader industry push to widen institutional access to tokens.
While Bitcoin ETFs set early benchmarks for adoption, products tied to other tokens remained in the proposal stage.
Looking Ahead to Regulatory and Market Developments
Garlinghouse’s 2024 comments underscored Ripple’s expectation that ETFs would eventually include XRP.
Whether that projection materialized depended on SEC decisions and broader market conditions in 2025.
At press time, the XRP price was shaped more by regulatory developments than technical indicators.
Analysts said sustained institutional demand for token-linked ETFs could set new precedents for market growth.
However, without confirmed approval dates, the impact on XRP trading volumes and valuation remained speculative.
Source: https://www.thecoinrepublic.com/2025/08/15/xrp-price-outlook-as-ripple-ceos-etf-comments-resurface/