Ripple and SEC Story: The Latest Situation
This week, the lawsuit between Ripple and SEC had a new development when Judge Analisa Torres rejected the joint request from both parties for a "guiding decision." Both Ripple and SEC hoped that the judge would indicate a possibility of change or review her previous decision. However, Torres made it clear that she had no intention of reopening or adjusting anything at this time. The lawsuit will continue as planned during the appeal process.
Implications for XRP and Future ETFs
Although this news seems like a setback for Ripple, legal experts believe it is unlikely to affect XRP's presence in the secondary market or any upcoming ETF approvals. Lawyer Fred Rispoli explained that the current ban on Ripple is only significant if SEC decides to enforce it. Currently, there are no signs that this will happen. The judge also acknowledged in her ruling that unless SEC pushes the issue, she will not interfere with XRP's market activities.
Prospects for XRP ETF
Despite legal uncertainties, the market sentiment around XRP ETF remains very positive. Bloomberg recently raised the probability of XRP ETF approval in 2025 to 85%. The main reason is XRP's increasing value and strong interest from both institutional investors and retail traders. Regulatory clarity is finally beginning to take shape in the US cryptocurrency space, and XRP could be the next name after legal uncertainties are resolved.
Conclusion
Although the Ripple and SEC lawsuit is not yet over, this delay is not expected to hinder or slow down the progress of ETF plans for XRP. As long as SEC does not aggressively enforce the ban, XRP trading and ETF discussions are likely to continue to progress.
