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. 🎉
It’s (finally!) happening – Brad Garlinghouse (@bgarlinghouse) November 13, 2025
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