XRP News: What To Expect If XRP ETFs Get The Green Light From The SEC
The post XRP News: What To Expect If XRP ETFs Get The Green Light From The SEC appeared on BitcoinEthereumNews.com.
The regulatory battle between the SEC and Ripple Labs is coming to an end finally, and XRP ETFs could become a reality this year. With the pause on the lawsuit and a launch of ProShares XRP Future ETFs this month, positive momentum is building, according to XRP news. On the flip side, there’s been some stagnation on Ripple’s charts lately. There’s competition brewing from a new PayFi project, Remittix, and the token is offering features that would change the scope of crypto token use cases. It will be Ripple against Remittix in a few weeks. Let’s find out which one expert traders are backing. XRP Price: SEC and Ripple Labs Lawsuit The Ripple project has been trading below its potential for over four years, owing to a legal battle against the SEC. With a penalty of about $4.2 billion looming, the representatives of Ripple Labs have been locked in the lawsuit over the sale of unregistered securities in 2020. 2023 ushered in a new era for the lawsuit, as a New York court ruled in favour of Ripple, issuing an injunction for a $125 million fine instead. The SEC appealed the decision then, and the XRP price was back to square one. Donald Trump’s victory at the polls in November 2024 brought renewed hope to the Ripple token. Now, the XRP price has reached its ATH at about $3.24, and, despite the correction to its current $2.04 price, there are multiple indicators for a bullish future. XRP News: Ripple-SEC Resolution and Impending ETF Launch Expectations on the XRP price reflect strong bullish trends in the long run, as most of Ripple’s potential would take effect before long. The resolution of the Ripple-SEC lawsuit is on the horizon, with the SEC expected to turn in status updates by June 15. There’s…
Filed under: News - @ April 21, 2025 5:26 pm