At the Blockworks’ Digital Asset Summit, Garlinghouse emphasized that he was never anti-Bitcoin, clarifying the context of his previous remarks about Bitcoin’s control by China. He acknowledged the industry’s positive growth and minimized concerns regarding China’s influence.

XRP’s unique address activity recorded a sixfold increase, indicating a heightened market interest. Additionally, XRP has outperformed Bitcoin by 288% since last November, demonstrating strong investor confidence.

Garlinghouse mentioned a significant potential for approving spot XRP ETFs in the latter half of 2025. Current predictions estimate an 82% chance of approval, reflecting favorable sentiments toward XRP’s market trajectory.