XRP News Today: Ripple Lawsuit May Resolve Soon, Boosting XRP ETF Approval Odds

Generado por agente de IACoin World
lunes, 23 de junio de 2025, 5:15 am ET1 min de lectura
WTIP--
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Prominent crypto lawyer Bill Morgan has dismissed the notion that the Ripple vs. SEC lawsuit could extend until 2026, describing such a delay as "improbable." Morgan's analysis suggests that a resolution to the lawsuit could be reached within weeks, contingent upon the approval of a joint motion by the presiding judge, Analisa Torres.

Morgan's assessment is based on the likelihood that Judge Torres will uphold her prior summary judgment, which would accelerate the closure of the case. He argues that rejecting the current joint motion would be an unusual move, as it would contradict her previous rulings and penalties. If the judge approves the motion, Morgan anticipates a swift resolution, providing a significant catalyst for the XRP market.

Legal clarity from the Ripple lawsuit is seen as a critical step towards the approval of a spot XRP ETF. Analysts have upgraded the odds of approval for various spot crypto ETF filings, citing active engagement from the SEC as a positive indicator. Major financial institutionsFISI--, including Grayscale, 21Shares, WisdomTreeWTIP--, and Franklin Templeton, have submitted 19b-4 filings for XRP ETFs, with a final decision deadline set for October 17, 2025.

While the exact timing of any ETF approval remains uncertain, ranging from the next few months to the fourth quarter of 2025, the market sentiment leans towards an inevitable approval. Analysts have expressed confidence in the direction of ETF approvals, with one analyst stating, "It’s a matter of when, not if."

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