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Reading: Ripple CEO Reacts to Launch of First Spot XRP ETF
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Mycryptopot > News > Crypto > Altcoins > Ripple CEO Reacts to Launch of First Spot XRP ETF
Altcoins

Ripple CEO Reacts to Launch of First Spot XRP ETF

November 15, 2025 1 Min Read
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Brad Garlinghouse, chief govt officer at Ripple, has taken to social media to react to the profitable launch of the primary spot-based XRP exchange-traded fund (ETF) within the US.

It is (lastly!) taking place https://t.co/APkSQJn3aC

— Brad Garlinghouse (@bgarlinghouse) November 13, 2025

These a number of phrases carry years of backstory, provided that Ripple had spent years preventing the US Securities and Trade Fee.

As reported by U.As we speak, analyst Nate Geraci beforehand claimed that the debut of the primary pure spot XRP ETF can be the ultimate nail within the coffin for the anti-crypto insurance policies enacted by earlier SEC administrations.

Probably the most profitable debut of the 12 months?

Inside half-hour of launch, $26 million value of XRPC shares have been traded.

That’s an especially promising begin, which basically means that there’s robust investor demand for the favored altcoin.

Balchunas expects it might surpass $57 million (the file for ETF launch this 12 months, set by a Solana ETF (BSOL).

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Reading: Ripple CEO Reacts to Launch of First Spot XRP ETF
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