Ripple CEO Brad Garlinghouse Breaks Silence on Fox Interview — Is XRP’s Breakout Closer Than We Think?

In a recent interview with Fox Business, Ripple CEO Brad Garlinghouse stressed some points about crypto regulations and regulatory clarity. He talked about the recent progress in the XRP SEC lawsuit and commented on the pro-crypto changes in the government. Additionally, this came after the new Securities and Exchange Commission chairman, Paul Atkins, was officially appointed. Moreover, Garlinghouse mentioned that the crypto space still needs further regulatory clarity, and further effort from the government is needed. Today, the XRP price surge is continuing, reaching small daily gains. 

Why Did Ripple Acquire Hidden Road for $1.25 Billion?

Liz Claman, a Fox Business host, sat with Ripple CEO Brad Garlinghouse, asking questions about the XRP SEC case. She also discussed the general circumstances of the United States crypto regulatory space. These topics were also connected to Ripple’s recent expansions, leading to discussions about the $1.25 billion acquisition. The prime brokerage, the Hidden Road, which was purchased by Ripple, marks one of the biggest buyouts in the crypto industry. Garlinghouse also commented on this, stating that the new crypto clarity and pro-crypto governmental policies have led to this decision. 

The XRP SEC Lawsuit: Turning Point for Crypto Regulation?

As the Ripple CEO clarified under the previous administration’s war on crypto, such a purchase did not make sense. He argued that the anti-crypto policies by the SEC and IRS made the possibility of growth improbable. However, he mentioned that now, under the new US administration, Ripple can grow and prosper. He stated that “moving past the SEC’s war on crypto and entering the next phase of the market.” Adding that this new phase is “true institutional flows integrating with decentralized finance.” As such, he marked the end of the XRP SEC lawsuit as a sign of crypto’s new age.

Great to be back with @LizClaman today to chat about Ripple’s historic acquisition of prime broker Hidden Road and what this means for the broader crypto market, as the US takes a much-needed pro-innovation approach with new leadership. We’re moving past the SEC’s war on crypto… https://t.co/6ZpkKmg9og

— Brad Garlinghouse (@bgarlinghouse) April 11, 2025

Garlinghouse posted an X post about this interview, thanking Liz Claman. The CEO of Ripple also criticized the former head of the SEC and mentioned his negative impact on crypto. He believes that the XRP SEC case ended because of the new administration of the SEC. In his words, Gary Gensler, the former SEC chair, was “on the wrong side of the law.”. The anti-crypto attitude of the SEC can further be seen in the request for more than a billion in fines. This request, which was made in the XRP SEC lawsuit, was toned down by the Judge, reducing it to $125 million.

Will the SEC Finally Approve XRP ETFs in 2025?

Other than these developments mentioned by Ripple CEO Brad Garlinghouse, we are also expecting other events that push XRP higher in value. One such expected progress for the token is the approval of XRP ETFs. The SEC now holds dozens of requests that it needs to go through, coming from the biggest players in the scene. This approval process has likely already begun, as the first US market XRP ETF was launched last week. 

Will XRP Lead the Next Crypto Bull Run?

XRP price now stands at $2.14, showing a 0.25% 24-hour loss. Additionally, this token also presents a 12.23% monthly decline; however, in the weekly timeframe, XRP is up 17.98%. XRP also shows a big drop from its all-time high of $3.84, trading 44.09% under this amount. However, with positive fundamental developments on the horizon, an explosive XRP price surge can be expected. One such development is the rumored integration and update of the SWIFT system. As the SWIFT system becomes more inefficient, many now expect the faster and cheaper XRP payment system to be integrated into the system.