The Ripple VS drying case long has taken another tour this week after judge Analisa Torres refused a joint request from Ripple and the SEC for what is called an “indicative decision”. In simple terms, the two parties hoped that the judge would point out a possible change or a review of his previous decision. But Judge Torres clearly indicated that she does not reopen or adapt at the moment. The case will continue as planned in the call process.
What does this mean for XRP and its future ETFs?
Although the news may seem a setback for Ripple, legal experts say that it is unlikely to affect the presence of XRP on the secondary market or any to come.
Lawyer Fred Rispoli explained that the existing injunction against Ripple only matters if the Sech actively decides to apply it. Right now, there is no sign that it will happen. The judge herself recognized in her decision as well as the SEC pushes the problem, this will not interfere with the activity of the XRP market.
Rispoli has also said that, technically, the SEC holds the power to grant the undulation of the exemptions or derogations necessary to erase any restriction linked to the injunction, including those linked to a possible list of Introduction on the stock market or FNB. From what he saw in legal files, there is no hard rule preventing the dry from doing so if she chooses it.
What are the prospects of an ETF XRP?
Despite the back and forth in progress, the feeling of the market around an ETF XRP remains strong. Bloomberg recently increased XRP’s chances of obtaining FNB approval in 2025 to 85%. The main reason behind this is the growing value of XRP and a strong interest on the part of institutional investors and retail traders.
Regulatory clarity finally begins to take shape in the American cryptographic space and XRP could be next online once its legal uncertainties have regulated.
Conclusion
Even if the Ripple VS dry case is not yet finished, the latter delay should not block or slow down ETF plans for XRP. As long as the SEC does not aggressively apply the injunction, XRP trading and potential ETF discussions will probably continue to move forward.
