{"id":5482,"date":"2025-02-17T18:42:27","date_gmt":"2025-02-17T18:42:27","guid":{"rendered":"https:\/\/cryptonewsdesk.com\/?p=5482"},"modified":"2025-02-17T18:42:35","modified_gmt":"2025-02-17T18:42:35","slug":"ripple-ceo-speaks-out-after-sec-acknowledges-xrp-etf-coin-rallies-above-2-75","status":"publish","type":"post","link":"https:\/\/cryptonewsdesk.com\/index.php\/2025\/02\/17\/ripple-ceo-speaks-out-after-sec-acknowledges-xrp-etf-coin-rallies-above-2-75\/","title":{"rendered":"Ripple CEO Speaks Out After SEC Acknowledges XRP ETF, Coin Rallies Above $2.75"},"content":{"rendered":"\n<p>The possibility of an <strong>XRP exchange-traded fund (ETF)<\/strong> becoming a reality took a significant step forward as the <strong>U.S. Securities and Exchange Commission (SEC) officially acknowledged a filing for an XRP ETF<\/strong> from <strong>Grayscale and the New York Stock Exchange (NYSE)<\/strong>.<\/p>\n\n\n\n<p>Despite <strong>ongoing legal battles between Ripple Labs and the SEC<\/strong>, this acknowledgment signals <strong>growing momentum for a spot XRP ETF<\/strong>, mirroring the recent <strong>success of Bitcoin (BTC) and Ethereum (ETH) ETFs<\/strong>.<\/p>\n\n\n\n<p><strong>Brad Garlinghouse Reacts: \u2018I Told You So\u2019<\/strong><\/p>\n\n\n\n<p>Ripple CEO <strong>Brad Garlinghouse<\/strong> wasted no time addressing skeptics, taking to social media to deliver an <strong>&#8220;I told you so&#8221;<\/strong> response following the news.<\/p>\n\n\n\n<p>With the <strong>SEC now having 240 days to approve or deny the filing<\/strong>, industry experts believe that under the <strong>Trump administration<\/strong>, the new-look <strong>SEC may be shifting its stance on crypto regulations<\/strong>\u2014potentially paving the way for <strong>XRP and other altcoin ETFs<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<p><strong>XRP Gains Momentum Amid ETF Speculation<\/strong><\/p>\n\n\n\n<p>The acknowledgment of the <strong>XRP ETF filing has fueled renewed investor interest<\/strong>, pushing <strong>XRP\u2019s price up 13% over the past week<\/strong>, with the token now trading <strong>above $2.75<\/strong>.<\/p>\n\n\n\n<p><strong>Why the XRP ETF Matters<\/strong><\/p>\n\n\n\n<p>\ud83d\udcc8 <strong>Legitimacy &amp; Institutional Interest<\/strong> \u2013 Spot ETFs attract <strong>institutional investors<\/strong>, offering exposure to XRP without the complexity of direct crypto ownership.<br>\ud83d\udcc9 <strong>Reduced Selling Pressure<\/strong> \u2013 ETFs require <strong>underlying asset reserves<\/strong>, potentially <strong>reducing supply on exchanges<\/strong>.<br>\u2705 <strong>Broader Market Adoption<\/strong> \u2013 Following Bitcoin and Ethereum\u2019s ETF approvals, <strong>XRP could be next in line<\/strong> for <strong>mainstream financial adoption<\/strong>.<\/p>\n\n\n\n<p>For years, <strong>XRP has remained a top 10 crypto by market capitalization<\/strong> but struggled with <strong>price stagnation<\/strong> due to <strong>regulatory uncertainty<\/strong>. However, with a <strong>Trump-led administration taking a more favorable stance on crypto<\/strong>, the <strong>narrative surrounding XRP is rapidly shifting<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<p><strong>The SEC\u2019s Expanding Crypto ETF Review Process<\/strong><\/p>\n\n\n\n<p>The <strong>XRP ETF acknowledgment is part of a broader movement<\/strong> toward <strong>expanding crypto ETF offerings beyond Bitcoin and Ethereum<\/strong>.<\/p>\n\n\n\n<p>Recently, the SEC also acknowledged <strong>a proposed Solana (SOL) ETF filing<\/strong>, and <strong>other institutions have applied for Litecoin (LTC) and Dogecoin (DOGE) ETFs<\/strong>.<\/p>\n\n\n\n<p><strong>Bloomberg analysts James Seyffart and Eric Balchunas<\/strong> have suggested that <strong>approvals for altcoin ETFs are now more likely than ever<\/strong>, particularly as <strong>fund managers push for wider crypto adoption under the Trump administration<\/strong>.<\/p>\n\n\n\n<p><strong>Will the SEC Approve an XRP ETF?<\/strong><\/p>\n\n\n\n<p>\ud83d\udd39 <strong>The SEC now has 240 days to decide on the XRP ETF.<\/strong><br>\ud83d\udd39 <strong>Industry experts believe approval is increasingly possible<\/strong>, given Bitcoin and Ethereum ETFs\u2019 success.<br>\ud83d\udd39 <strong>Ongoing legal disputes between Ripple and the SEC remain an obstacle<\/strong>, but the acknowledgment suggests a <strong>potential softening of the SEC\u2019s stance<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<p><strong>XRP ETF Approval Could Be a Game Changer<\/strong><\/p>\n\n\n\n<p>With the <strong>SEC officially acknowledging XRP\u2019s ETF filing<\/strong>, the conversation around <strong>institutional adoption and regulatory clarity for XRP<\/strong> is reaching new heights.<\/p>\n\n\n\n<p>If approved, an <strong>XRP ETF could significantly boost market demand, further legitimizing the asset among institutional investors<\/strong>. For now, all eyes are on <strong>the SEC\u2019s next move<\/strong>\u2014but <strong>investor sentiment is already shifting bullish<\/strong>, pushing <strong>XRP past $2.75 and beyond<\/strong>.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The possibility of an XRP exchange-traded fund (ETF) becoming a reality took a significant step forward as the U.S. Securities and Exchange Commission (SEC) officially acknowledged a filing for an XRP ETF from Grayscale and the New York Stock Exchange (NYSE). Despite ongoing legal battles between Ripple Labs and the SEC, this acknowledgment signals growing&#8230;<\/p>\n","protected":false},"author":3,"featured_media":5483,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[69,65,121],"class_list":["post-5482","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-bitcoin","tag-crypto","tag-trade"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ripple CEO Speaks Out After SEC Acknowledges XRP ETF, Coin Rallies Above $2.75 - Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonewsdesk.com\/index.php\/2025\/02\/17\/ripple-ceo-speaks-out-after-sec-acknowledges-xrp-etf-coin-rallies-above-2-75\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ripple CEO Speaks Out After SEC Acknowledges XRP ETF, Coin Rallies Above $2.75 - Crypto News\" \/>\n<meta property=\"og:description\" content=\"The possibility of an XRP exchange-traded fund (ETF) becoming a reality took a significant step forward as the U.S. Securities and Exchange Commission (SEC) officially acknowledged a filing for an XRP ETF from Grayscale and the New York Stock Exchange (NYSE). 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