Ripple CEO’s Joyous Jibe: XRP ETF Breaks Records!

In a twist as surprising as a teapot in a tea shop, Brad Garlinghouse, the intrepid CEO of Ripple, took to the digital realm to express his delight at the launch of the first spot XRP ETF. 🎉

Those several words carry years of backstory, given that Ripple had spent years fighting the US Securities and Exchange Commission, who might as well be the bureaucratic equivalent of a persistent mosquito. 🧠

As reported by U.Today, analyst Nate Geraci previously claimed that the debut of the first pure spot XRP ETF would be the final nail in the coffin for the anti-crypto policies enacted by previous SEC administrations. 🪦

The most successful debut of the year? 📈

Within 30 minutes of launch, $26 million worth of XRPC shares were traded. That’s an extremely promising start, which essentially means that there is strong investor demand for the popular altcoin. 💸

Balchunas expects it could surpass $57 million (the record for ETF launch this year, set by a Solana ETF (BSOL). 🚀

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2025-11-13 20:16