The recent introduction of newly listed XRP exchange-traded funds (ETFs) has become a focal point within the cryptocurrency market. This significant development has been further emphasized by direct commentary from Ripple’s Chief Executive Officer and enthusiastic observations from various market participants.
Financial expert Levi Rietveld has characterized this development as a meaningful step forward for the asset. An accompanying visual representation highlighted additional support from Ripple's leadership, collectively positioning the ETF's debut as a notable milestone in XRP's increasing presence within regulated financial markets.
No, it's not!!!! Brad has no control over XRP now, and the banks are making all the moves towards ETF to keep money in their pockets.
— Cryptosteve (@Cryptos_Steve) November 20, 2025
Brad Garlinghouse Acknowledges Bitwise’s XRP ETF Launch
An image shared in connection with the news depicted a post from Ripple CEO Brad Garlinghouse, who extended congratulations to Bitwise on the launch of its XRP ETF. Garlinghouse described the occasion as the beginning of an active period for XRP-related investment funds and applauded Bitwise for successfully bringing the product to market.
The announcement from Bitwise confirmed that the ETF commenced trading on the New York Stock Exchange under the ticker symbol $XRP. This emphasizes that investors now have a more accessible pathway to gain spot exposure to the asset.
Levi Rietveld’s Perspective on the ETF Introduction
Rietveld framed the introduction of the ETF as a significant catalyst for future market activity, positing that XRP ETFs possess the potential to generate considerable upward price momentum.
His commentary focused on the principle that regulated investment vehicles enhance accessibility for both retail and institutional investors. These products offer exposure without the necessity for investors to directly engage with cryptocurrency exchanges or manage digital asset custody solutions themselves.
In his analysis, these offerings represent a crucial phase in XRP's integration into traditional financial environments.
Community Reactions to the ETF Launch
Among the various responses, user Madeline expressed strong support for Rietveld’s viewpoint. She stated that the ETF launch is a major development and precisely the kind of catalyst XRP requires to achieve broader market recognition. Her perspective conveyed confidence that the availability of an ETF can significantly enhance XRP's market standing and solidify its legitimacy among conventional investors.
Divergent Views from Other Users
Conversely, several responses presented more cautious outlooks. User Cryptosteve argued that the ETF launch would not necessarily result in the dramatic outcomes some anticipated. He contended that XRP's market trajectory is no longer primarily dictated by figures within its established ecosystem and that financial institutions are positioned to be the main beneficiaries of ETF structures. Another user, Trustalyze, provided an explanation suggesting that XRP's price is unlikely to move independently in response to the ETF's introduction.
According to Trustalyze's comment, XRP's performance remains closely tied to its trading pair with Bitcoin. This means its short-term price action continues to mirror Bitcoin's direction, which they identified as the reason for the asset's current behavior. These critical perspectives emphasized broader market dependencies and institutional dynamics over the symbolic significance of the new financial product.
Through his post and the accompanying visual that included Brad Garlinghouse's acknowledgment, Rietveld underscored the importance of the XRP ETF launch within the broader cryptocurrency market landscape.
While reactions have been varied, with users like Madeline showing strong endorsement and others such as Cryptosteve and Trustalyze offering counterarguments, the introduction of an XRP ETF undeniably signifies an expansion of the asset's integration into regulated investment channels.