Ripple CEO Meets With Trump as Firm's President Expects XRP ETFs 'Very Soon'
Ripple CEO Brad Garlinghouse met with President-elect Donald Trump to discuss the cryptocurrency landscape, as optimism grows around the potential approval of XRP ETFs. Ripple's President Monica Long expressed confidence that XRP ETFs would be the next in line for approval following Bitcoin and Ethereum's successful ETF launches in 2024. XRP saw a 4% price increase in the past 24 hours, driven by this optimism after a period of significant growth since late 2024. Long's comments echoed sentiments from Garlinghouse, who noted that interest in XRP ETFs has been escalating, contributing to recent price surges for XRP. As of now, XRP is trading at $2.32, which is a notable increase from its price prior to the U.S. elections. The meeting with Trump and growing interest in crypto regulations under his administration have fueled hopes for a favorable environment for cryptocurrency market developments in 2025.
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