XRP News Today: Ripple SEC lawsuit ends XRP surges 10% ETF hopes rise

Regulatory clarity surrounding Ripple’s XRP has sparked renewed optimism in the cryptocurrency market, particularly regarding the potential approval of XRP-based exchange-traded funds (ETFs). In March 2025, the U.S. Securities and Exchange Commission (SEC) dropped its multi-year lawsuit against Ripple, significantly reducing uncertainty about the asset’s classification and opening the door for institutional adoption [1]. This legal resolution has emboldened market participants and bolstered confidence in the development of XRP-based investment vehicles [2].

With the regulatory cloud over XRP dissipating, speculation has intensified that the long-running legal battle between Ripple and the SEC may be nearing its conclusion. Ripple’s Chief Legal Officer, Stuart Alderoty, has publicly praised the SEC chair, further fueling bullish sentiment that the regulatory environment is shifting in XRP’s favor [3]. According to recent reports, 86% of market observers now believe the XRP ETF has a strong chance of receiving SEC approval [4].

The growing momentum in XRP is also evident in its price performance. XRP surged by about 10% in the wake of the legal developments, trading from approximately $1.85 to $2.05 [1]. This rally has been attributed to broader market speculation that XRP may soon see broader institutional acceptance, particularly if ETFs are approved [5]. Analysts note that the SEC’s official acknowledgment of regulatory clarity has already attracted the attention of institutional investors [6].

Institutional players have been quick to respond to the shifting regulatory landscape. At least seven firms, including Bitwise Asset Management, Franklin Templeton, and Grayscale Investments, have filed for spot XRP ETFs [1]. Volatility Shares has even filed three XRP ETF proposals — a spot fund, a leveraged fund, and an inverse fund — signaling a broad appetite for XRP-based products [1]. Meanwhile, Grayscale is seeking to convert its existing XRP Trust into an ETF, a move that could streamline regulatory hurdles and accelerate approval [1].

Despite the growing number of ETF proposals, the SEC has yet to approve any altcoin ETF. In early May 2025, CoinDesk reported that the SEC delayed decisions on multiple crypto ETF filings, including proposals for XRP, Hedera, and Dogecoin. The regulator, now under new Chair Paul Atkins, who took office in April 2025, has requested public comments on those applications [1]. The regulatory process for XRP ETFs may still take months, as the SEC can take up to 240 days to act on a spot ETF application [1]. Final approval, therefore, is not guaranteed immediately, and analysts are urging patience as of June 2025 [1].

However, market participants agree that recent clarity is a necessary step toward eventual approval. The XRP lawsuit is winding down, and multiple applicants are in the queue. The question now is timing, not possibility [1]. For U.S. investors, a green light for XRP ETFs would mark a turning point. If the SEC eventually approves a spot XRP ETF, it would join the handful of digital currencies (Bitcoin, Ether) with U.S. ETF status [1].

Industry sources suggest that such a move could “validate XRP’s legitimacy” and open the asset to broader capital flows [1]. For now, data paint a clear picture: regulatory signals are trending positive, ETF filings are in place, and odds of approval are high. The potential for an XRP ETF underscores the broader trend of increased legitimacy for cryptocurrencies within traditional financial markets [1]. As legal uncertainty diminishes and institutional infrastructure develops, XRP may serve as a model for how other digital assets can integrate into regulated financial systems [1].

The XRP market’s response to regulatory clarity reflects broader optimism in the crypto sector. As the SEC continues to refine its approach to digital assets, the path for XRP ETFs appears increasingly viable — though regulatory approval remains a work in progress [1].

Sources:

[1] https://zycrypto.com/is-regulatory-clarity-the-green-light-for-ripples-xrp-etfs/

[2] https://coinpaper.com/10387/xrp-ignites-rally-toward-3-28-as-as-ripple-clo-sparks-bullish-buzz-with-sec-chair-shoutout

[3] https://www.ainvest.com/news/xrp-news-today-86-odds-xrp-etf-sec-approval-legal-clarity-institutional-momentum-2508/

[5] https://coindoo.com/we-asked-chatgpt-what-the-price-of-xrp-will-be-in-2026-the-answer-will-surprise-you/

[6] https://www.binance.com/en/square/post/27909469171882