XRP crypto ETF approval has become a central topic recently, especially after Ripple CEO Brad Garlinghouse openly expressed his confidence about the token’s prospects. During a March 19 Bloomberg interview, he shared a bit of optimism about XRP’s potential inclusion in the U.S. crypto stockpile and the possible approval of several ETFs currently under review.

Garlinghouse was clear about the fact that:

“I have immense confidence in the ETF. I think there’s 11 different filings pending with the SEC to launch XRP ETFs.”

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How XRP’s US Crypto ETF Approval Could Shape Ripple’s Future

The potential for XRP’s crypto ETF approval seems to be gaining strength right now, especially after President Trump’s recent statement about establishing a U.S. crypto reserve that would feature top cryptocurrencies alongside Bitcoin, and he specifically mentioned XRP among several others.

Garlinghouse explained:

“My understanding is there’s going to be a Bitcoin Strategic Reserve, there’ll be a crypto stockpile representing other cryptos, and I would expect that will include XRP.”

Regulatory Shift Favors Ripple

A really significant change in the US crypto market landscape has been observed by the team at Ripple in recent months. Their previous struggles with regulators have now transformed into something more positive, which could potentially help with XRP’s crypto ETF approval soon.

Garlinghouse noted:

“We couldn’t get a meeting with people at the White House, now we’re welcomed.”

The token was previously held back for quite some time by what Garlinghouse described as “false negative pressure from the SEC.” Now, with the SEC finally dropping its appeal against Ripple, this removes a major legal hurdle for XRP from the path to potential ETF approval.

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Composition of the Crypto Stockpile

According to Ripple XRP executives, the proposed crypto stockpile would consist mainly of cryptocurrencies that various authorities have seized over time.

Garlinghouse explained:

“To the extent that various law enforcement agencies have seized cryptos which would include XRP, those would go into the stockpile in addition to the Bitcoin Strategic Reserve.”

Major Market Impact of XRP ETF Approval

As regulators now gradually remove regulatory barriers, XRP crypto ETF approval could significantly impact the token’s value at the time of writing. Many analysts and industry experts are currently reassessing their XRP price prediction models as the potential ETFs could attract substantial institutional investment into the US crypto market.

What’s the Timeline for Potential Approval?

Garlinghouse projects that these investment vehicles might go live in the second half of this year. Therefore, we are talking about a relatively short waiting period for investors who are seeking regulated XRP exposure.

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This timeline also seems to align with broader trends in crypto ETF approval processes, as regulatory bodies are showing an increased openness to digital asset products lately. The Ripple CEO’s confident outlook is a sign of growing optimism about XRP crypto ETF approval and also Ripple’s improved relationships with regulators. Finally, this is an important factor for the token’s future growth in the US crypto market.