Ripple CEO Brad Garlinghouse Speaks After XRP ETFs Surpass $1 Billion in Assets.
Ripple (XRP) CEO Brad Garlinghouse spoke out following the strong performance of newly launched ETFs. Here are the details.
Ripple (XRP) CEO Brad Garlinghouse made some noteworthy statements regarding both the rise of XRP spot ETFs and his expectations for the future of the crypto market.
Garlinghouse noted that in just four weeks, XRP became one of the fastest spot crypto ETFs to reach $1 billion in asset size (AUM) in the US, trailing only Ethereum in this performance.
Garlinghouse said that XRP's prominence is no coincidence, despite the launch of more than 40 crypto ETFs in the US this year. He highlighted two key points regarding investor behavior. First, he noted significant pent-up demand for regulated crypto investment vehicles in the US.
He said that with Vanguard now offering access to crypto through traditional retirement and investment accounts in the US, it has become possible for “millions of non-techies” to get into crypto. Secondly, he highlighted the fact that longevity, stability, and community strength are increasingly important themes for these new “off-chain crypto investors.”
BREAKING: 🇺🇸 President Trump just said “ immediate rate cuts is a requirement for the next Fed chair ” as per Reuters.
The real story isn’t the headline it’s the precedent. If the next Chair is selected on a promise to cut immediately, markets will treat every policy move as politically driven, which historically pushes term premiums higher rather than lower.
JUST IN: OCC’S JONATHAN GOULD SAYS BITCOIN & CRYPTO SHOULD BE TREATED LIKE BANKS
OCC Comptroller Jonathan Gould says crypto companies seeking U.S. federal bank charters should face the same standards as traditional banks. He highlights:
- Equal evaluation for all applicants - Integrating crypto innovation safely into the banking system - Protecting firms from unfair “debanking” practices
This approach aims to modernize U.S. banking while giving Bitcoin and other digital assets a clear regulatory path.
Gas futures incoming. Vitalik Buterin just proposed an onchain futures market for Ethereum transaction fees, basically letting you lock in gas prices like you're trading oil contracts. The idea? Heavy network users could hedge against those lovely fee spikes that drain wallets faster than a rug pull.
Think traditional futures markets, but trustless and onchain. Buterin claims this could finally bring predictable costs to Ethereum transactions. Because apparently, answering "will ETH ever have low fees?" every week got old. Now instead of praying gas stays low, you can trade contracts on it. Welcome to peak crypto complexity.
And that’s the real pivot the market is quietly preparing for.
Everyone is focused on the next rate cut, but stocks are already telling a different story.
The S&P 500 closed right below its all-time high this week. That’s happening even though rates are still restrictive, which means investors are positioning for future liquidity, not today’s conditions.
And that’s where the balance sheet comes in.
The US economy is split right now:
• Households with assets are doing fine because rising stocks boost spending. • Small businesses and lower income consumers are under pressure from high borrowing costs. • Layoffs are picking up and credit stress is rising at the bottom end.
Rate cuts alone can’t fix this gap.
Markets want to see what the Fed plans to do with its $6.5T balance sheet after the December 9-10 FOMC meeting.
That’s why expectations for early 2026 matter so much.
Some banks already expect the Fed to start buying around $45B/month in bonds from January 2026. It’s not a QE like 2020, but it acts like early liquidity support.
And markets always move before the announcement, not after.
So here's the current market setup:
• Stocks near record highs • December rate cut almost certain • Balance sheet becoming the key policy tool • Pressure on small businesses building • Pressure on consumers rising • Expectations of liquidity expansion forming for 2026
If the Fed hints at the beginning of QE, it could set the tone for the next liquidity cycle.
And historically, once liquidity expectations turn, risk assets lead the move, especially crypto.
🚨 Why Bitcoin always dumps at 10 a.m. when the U.S. market opens ?
Today, Bitcoin erased 16 hours of gains in just 20 minutes after the US market opened.
Since early November, BTC has dumped most of the time after US market opens. The same thing happened in Q2 and Q3.
@zerohedge has been calling this out repeatedly, and he thinks Jane Street is the most likely entity doing this.
When you look at the chart, the pattern is too consistent to ignore: a clean wipeout within an hour of the market opening followed by slow recovery. That’s classic high-frequency execution.
And it fits their profile:
• Jane Street is one of the largest high-frequency trading firms in the world. • They have the speed and liquidity to move markets for a few minutes.
The behavior looks simple:
1. Dump BTC at the open. 2. Push the price into liquidity pockets. 3. Re-enter lower. 4. Repeat daily.
And by doing this, they have accumulated billions in $BTC .
As of now, Jane Street holds $2.5B worth of BlackRock’s IBIT ETF, their 5th largest position.
This means most of the dump in BTC isn't due to macro weakness but due to manipulation by one major entity.
And once these big players are done with buying, BTC will continue its upward momentum.
The digital-treasury boom has collapsed — Bloomberg.
A strategy that looked unstoppable only months ago has unraveled at high speed.
🟠 Companies replicated Michael Saylor’s model: raise capital, buy crypto, and let equity valuations grow faster than the underlying asset. 🟠 Early in the year it worked: some stocks surged thousands of percent — SharpLink jumped +2600%, and Alt5 Sigma even brought in Donald Trump's sons as advisors. 🟠 But the structural weakness emerged: tokens don’t generate income, while convertible-debt and preferred-share obligations still need servicing. 🟠 Result: the median drop among digital-asset-treasury (DAT) stocks in the U.S. and Canada hit 43%, with several collapsing by 99%. 🟠 Many companies now trade below the value of their crypto holdings. 🟠 Strategy signaled it may sell Bitcoin to cover dividends — breaking Saylor’s core “never sell” narrative.
Why it matters: 🟠 Large-scale selling by DAT firms could trigger a chain reaction: price pressure → margin calls → further forced liquidations. 🟠 Meanwhile, bigger DAT companies are acquiring smaller firms whose market caps have fallen below asset value.
🇺🇸 LATEST: The SEC has released the agenda for its Dec. 15 roundtable on Financial Surveillance and Privacy, featuring speakers from Zcash, StarkWare, Aleo, the ACLU and more.
⚡Vanishing act in progress. Ethereum on centralized exchanges just hit 8.8% of total supply, the lowest since the blockchain launched in 2015. According to Glassnode, reserves have plummeted 43% since July. Apparently, someone out there still believes in ETH while crypto Twitter debates whether it's dead for the hundredth time.
👀The coins are quietly flowing into staking and long-term storage while institutions keep stacking their balance sheets. Price is chilling above $3,000, eyeing $3,200 resistance. Break that, and $3,500 is on the table. Tom Lee is out here casually predicting $20K in the coming months. No pressure.
Supply squeeze loading. Market sentiment says one thing, on-chain data says another. Pick your side wisely.
💥BREAKING: MICHAEL SAYLOR SAID HE JUST MET EVERY SOVEREIGN WEALTH FUND AND THE RICHEST FAMILIES IN THE MIDDLE EAST TO DISCUSS $BTC
MORE MONEY WILL FLOW INTO BITCOIN.
If sovereign wealth funds even allocate a fraction of their multi trillion portfolios, it changes Bitcoin’s demand curve entirely. The bigger story is that BTC is shifting from a retail driven asset to one shaped by long duration, institutional capital.
A NEW FINANCIAL SYSTEM THAT WILL LAST A THOUSAND YEARS
Bitcoin was not invented by luck; it was deliberately and purposefully invented due to the global financial crisis that spanned 2007 - 2009, known as the Great Recession which started in the US as the subprime mortgage market collapsed.
On September 15, 2008, Lehman Brothers, the 4th largest U.S investment firm, filed for Bankruptcy, marking the largest bankruptcy filing in U.S. history, which triggered a panic in the global financial market. Because of how interconnected through derivatives and short-term lending, the crisis spread like cancer, crashing the global stock markets.
Many countries entered into a deep recession, and unemployment soared. It was catastrophic, so the American government, in collaboration with other countries' secret services, had to experiment with a new kind of money to prevent that from happening in the future, and the team today referred to as 'Satoshi Nakamoto', made up of elite programmers, mathematicians and Economists, was born.
Yes, the Feds created Bitcoin using a cryptographic thesis posited by a group of professors from Stanford University. And the Bitcoin blockchain was built brick by brick to exhibit that money can be minted digitally, with a capped supply, without experiencing wear and tear, and transferable through the internet.
Bitcoin was that prototype. And it was deliberately introduced to the world privately, open-sourced, to allow human intelligence and geniuses to build on that prototype and contribute to improving the technology for future use, and it worked.
We have been able to scale this tech to a certain degree and are awaiting a few final polishings for it to be ready for mass production adoption, hence the groundwork on regulations has to be completed in this era. I believe that will be completed within the space of 6-8 years (2 market cycles) starting in 2024 through 2030/2032.
After that, this technology will be integrated into supply chains, medicine, agriculture, etc.
This is a clear indicator of high risk appetite and short-term momentum in the crypto market. However, in this volatile market, such rapid rises often carry the risk of swift declines. Caution is necessary.