Ripple CEO Hails Record-Breaking Launch of First Spot XRP ETF

2025-11-16 02:30

Ripple CEO Brad Garlinghouse celebrated the launch of the first pure spot XRP ETF, which achieved the highest first-day trading volume for any ETF introduced in 2025. This milestone is seen as a significant step towards institutional adoption of XRP. The ETF's success is bolstered by ongoing XRP ETF applications, SWIFT's ISO 20022 migration, and the U.S. CLARITY Act, all contributing to a conducive environment for institutional investment. Additionally, Evernorth is enhancing adoption with a $1 billion regulated XRP treasury and enterprise-grade XRPL validators.

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