A legal specialist evaluated how the ongoing Ripple vs SEC legal battle would impact XRP ETF approval and explained that this court dispute does not stand in its way. The regulatory discussions gain momentum as Nasdaq files new ETF proposals which indicate rising demand from institutions toward XRP and other cryptocurrencies.
XRP Lawsuit and Its Role in ETF Approval
The public legal dispute between Ripple and the SEC has sparked doubts about how much time it might take for XRP ETF approval to be granted. Pro-XRP legal expert Jeremy Hogan has put aside these worries by explaining that the ongoing SEC lawsuit creates no legal obstacles to the approval process.
An online social media inquiry asked whether the SEC would accept an XRP ETF application before they finish the ongoing dispute with Ripple. According to Hogan the approval of XRP ETFs does not hinge on settlement outcomes although settlements may come first. According to him, ETF approvals require substantial regulatory requirements that extend the approval period to 8-12 months through the S-1 filing process.
Nasdaq’s XRP ETF Filing Sparks Optimism
The ongoing lawsuit does not dampen market participants’ belief in an XRP ETF approval. CoinShares has sent a 19b-4 filing to the SEC for listing their Litecoin and XRP ETFs on Nasdaq. The filing signals that the financial industry predicts positive approval trends for crypto-based products.
petitioners must complete multiple procedures while applying for an ETF. Submitment of an S-1 form by CoinShares became necessary for the potential launch of their ETFs. Market demand for cryptocurrency-related investments continues to rise according to institutional signals. The upcoming approval chances of an XRP ETF in 2025 have been projected by Bloomberg ETF analysts James Seyffart and Eric Balchunas at 65% based on their analyses.
US SEC No Longer a Major Barrier
The court case concentrates its attention on institutional buyer activities of Ripple’s XRP distribution instead of determining XRP’s security status. The lawsuit against XRP has been clarified through previous SEC rulings which weakens its ability to affect the decision regarding an XRP ETF as confirmed by pro-XRP lawyer Jeremy Horgan.
SEC’s previous actions reveal that the agency supports financial products for assets that are under investigation. The previous cases indicate the XRP ETF might advance even though the lawsuit remains unresolved.
What’s Next for XRP and the ETF Market?
Various asset management firms display positive market expectations regarding XRP as they plan to develop ETFs. The XRP-based investment products became a target for three companies including Grayscale besides WisdomTree and Bitwise. Multiple figures from financial analysis predict the SEC will start responding to XRP ETF filing submissions during the next several weeks.
Following new regulatory progress XRP experienced a price increase of 3% which pushed its value up to $2.50. The volume of activity from futures markets rose due to intensifying investor curiosity.
The future development of XRP within the financial markets depends significantly on both the lawsuit’s outcome and the SEC’s large-scale strategy regarding crypto exchange-traded funds.
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