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1 year ago

Ripple Lawsuit Dismissed: Will XRP ETF Approval Follow?

Ripple's lawsuit ends with a $125M fine. Experts say this could pave the way for XRP ETF approvals in the US.

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Ripple Lawsuit Dismissed: Will XRP ETF Approval Follow?

The Ripple vs SEC lawsuit concluded on August 8 with a $125 million penalty. While Ripple must still pay, the ruling clarified that XRP sold on public exchanges is not a security, removing major regulatory uncertainty. This has boosted expectations for XRP ETF approvals, with Polymarket showing 73% odds and experts like Nate Geraci and Steven McClurg predicting institutional moves soon.

Companies such as Grayscale, 21Shares, Bitwise, Canary Capital, and others have already submitted ETF applications. Analysts predict XRP could attract billions in investment, with price targets between $22–$50. The SEC is expected to make decisions between October 18–25, potentially marking a major step for institutional XRP adoption.