XRP Set for Wall Street Spotlight as Ripple Ends SEC Battle, Eyes ETFs Next

Ripple Labs has officially ended its long-running legal dispute with the United States Securities and Exchange Commission by dropping its cross-appeal. The decision follows a series of legal developments that began in 2020 and marks the final chapter of a case that has had significant implications for the cryptocurrency industry.

Brad Garlinghouse, the Ripple CEO, acknowledged the move and termed it a decisive indication that the firm is ready to go. XRP reacted instantaneously to the news, posting a price rise of about five percent, as market players took it as an act of confidence and clarity.

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After the legal saga, XRP is now the only leading digital asset to have what many now term full regulatory clarity. These are clear, and this makes XRP a good prospect for exchange-traded funds based on data available on the automated analyst platform AIXBT. -According to the AI platform, XRP filing of ETFs may start as early as July.

Similar sentiments have been echoed by Nate Geraci, the President of the ETF Store. He said that the resolution of the case removes a significant obstacle to asset managers and opens the way to spot XRP ETFs.

There have also been industry speculations about the potential participation of some big-ticket players in the market, including a giant asset management company such as BlackRock.

XRP’s Regulatory Clarity Sparks ETF Optimism Amid Investor Positioning Risks

Expectations around the filing of XRP-based ETFs have been growing steadily since the case neared resolution. Analysts and automated platforms alike suggest that XRP could soon be listed as a financial product previously considered unattainable due to legal uncertainties.

However, market conditions show early signs of possible volatility. AIXBT warned that long positions on XRP are becoming heavily crowded, indicating potential risk from overexposure. Such a trend might lead to price volatility in the short run despite enhanced sentiment in the longer run.

Nevertheless, the resolution of the legal case is a major step toward changing how XRP is regarded in the wider financial atmosphere. Regulatory certainty is considered one of the most essential criteria of institutional investment, and XRP is currently in a place to satisfy that aspect.

With the market turning its eyes to July, the question on the agenda is whether or not there will be ETF filings. Provided it is proven true, XRP might switch places from being a legal outcast to a central financial prop with an increasingly significant backing of mainstream finance.

Conclusion

Ripple’s decision to end its legal fight with the SEC opens the door for potential XRP ETFs. With regulatory clarity achieved, XRP now stands ready for wider institutional interest and possible Wall Street integration.

Also Read: XRP Sees Renewed Momentum as On-Chain Activity Surges to 1.6 Million Transactions

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