BitcoinSistemi 2025-06-28 16:01:07

Ripple CEO Makes “Step Back” Move in SEC Lawsuit – Experts Say XRP Spot ETFs Now Have a Clear Path Forward

Cryptocurrency company Ripple has taken a significant step back in its nearly five-year-long lawsuit with the U.S. Securities and Exchange Commission (SEC). Ripple announced that it has withdrawn its appeal, choosing between “continuing or abandoning” the court’s two options. Ripple CEO Brad Garlinghouse announced the decision today on social media platform X, saying the SEC is expected to similarly withdraw its own appeal. “We are closing this chapter forever and focusing on what really matters: building the Internet of Value,” Garlinghouse said. This development comes just after Judge Analisa Torres rejected the parties’ conditional settlement offer, which would have lifted Ripple’s preliminary injunction and reduced the company’s fines to $50 million. However, Torres noted that the parties failed to justify the change. Related News: One of the United States' Most Renowned Financial Experts, Ric Edelman, Reveals His Major Shift in Opinion on Bitcoin and Cryptocurrencies - “Now I Tell My Clients...” If the SEC also drops its appeal, Ripple is expected to pay a total fine of $125 million, ending the case entirely. Following the development, a limited increase was observed in the XRP price. Market observers state that this step may open the door for new investment products. ETFStore President Nate Geraci said, “The closure of this case paves the way for spot XRP ETFs.” Geraci also argued that major investment companies like BlackRock are now in a more advantageous position to enter the XRP market. There are currently several XRP ETF applications before the SEC, and according to Bloomberg analysts, there is a 95% chance that these applications will be approved by the October deadline. *This is not investment advice. Continue Reading: Ripple CEO Makes “Step Back” Move in SEC Lawsuit – Experts Say XRP Spot ETFs Now Have a Clear Path Forward

La maggior parte ha letto le notizie

SEC Chair calls tokenization an 'innovation'...
2025-07-02
Bitcoin Nears $110K Amid ETF Inflows and Geop...
2025-07-02
Spot Ethereum ETFs Could See Explosive Growth...
2025-07-02
Crypto Price Prediction Today 2 July – XRP, S...
2025-07-02
This App Alerts You to ICE Raids—Now Trump's...
2025-07-02
Solana Price Prediction – With ETF Approval N...
2025-07-02
Top 5 Oracles Tokens Below 1M Market Cap To W...
2025-07-02
SEC Review of Grayscale’s Bitcoin ETF Proposa...
2025-07-02

Notizie correlate

Is Bitcoin Price Poised for a Historical Rally in...
02 Jul 2025
XRP Shows Bullish Patterns and Support Amid ETF Bu...
02 Jul 2025
SEC Chair Paul Atkins Signals Potential Support fo...
02 Jul 2025
Tech heavyweights back Erebor, a crypto-friendly b...
02 Jul 2025
Company on the Verge of Bankruptcy Reportedly Hold...
02 Jul 2025
Belgium’s KBC Bank Set to Unleash Bitcoin and Ethe...
02 Jul 2025

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta