According to PANews, Ripple CEO Brad Garlinghouse expressed confidence in an interview with Bloomberg that XRP will be included in the White House's cryptocurrency reserves. Garlinghouse also highlighted the possibility of the U.S. Securities and Exchange Commission (SEC) approving an XRP Exchange-Traded Fund (ETF) by the end of the year, stating that the emergence of an XRP ETF is "inevitable." Currently, the SEC is reviewing over 11 applications for XRP ETFs, including submissions from companies such as Franklin Templeton, Bitwise, and Canary. The SEC has postponed Franklin Templeton's application until November this year.