As Ripple’s long-standing legal battle with the U.S. Securities and Exchange Commission (SEC) nears its conclusion, optimism is building once again within the XRP investor community. Following Ripple’s agreement to pay a reduced $50 million settlement, talks of a potential XRP ETF are gaining serious traction.
Ripple CEO Signals Openness to XRP ETF
In a recent interview with Bloomberg, Ripple CEO Brad Garlinghouse expressed support for the idea of an exchange-traded fund (ETF) based on XRP. He noted that such a product could make sense for the XRP community and broader market. This comment has reignited investor hopes for institutional-grade exposure to XRP.
Analysts believe an approved XRP ETF could open the floodgates for capital inflow, both from retail and institutional investors. Crypto.com CEO Kris Marszalek even suggested that an ETF approval could attract as much as $8 billion in investments.
Industry chatter points to asset management giants like BlackRock potentially preparing applications tied to XRP, especially as regulatory clarity around the token continues to improve. As Dey There reports, any move in this direction would significantly shape the next wave of institutional crypto adoption.
Ripple’s Legal Win Clears a Path
Ripple has now finalized a crucial phase of its battle with the SEC. Initially facing a $125 million penalty, the company successfully negotiated a $75 million reduction, bringing the final payment to $50 million. Ripple confirmed that it would not contest the amount and plans to settle the payment soon.
This legal breakthrough is seen as a turning point—not only for Ripple but also for the broader crypto landscape. Regulatory uncertainties have long weighed on XRP’s performance, and this resolution could unlock new opportunities, including the potential for ETF applications.
Observers now expect the SEC to develop clearer crypto guidelines, particularly as major legal cases like this one wrap up. Some analysts argue that Ripple’s case may ultimately help shape a more mature regulatory framework for the entire digital asset sector.
XRP Price Outlook: Can It Break $3?
XRP is currently struggling with resistance near $2.50, and traders are watching closely for a breakout. Crypto analyst Seyma has set a short-term target between $3.00 and $3.24, although broader sentiment remains cautiously optimistic.
XRP’s price trajectory will likely hinge on two key catalysts: regulatory clarity and ETF-related developments. If an ETF gains approval, XRP could see a significant price surge. However, market volatility still poses risks, and investors are urged to remain alert.
From a technical perspective, a move above $3 could attract long-term investor interest. But until such levels are tested and confirmed, caution remains the dominant theme.
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