$XRP
$XRP {currencycard:spot}(XRP_USDT) 📰 Latest news on XRP and legal developments
The ongoing legal case between Ripple and the U.S. Securities and Exchange Commission (SEC) remains the strongest and most influential driver of XRP's price:
Settlement or conclusion signals (previous date): Previously, there was a clear trend from both parties towards resolving the legal dispute, as Ripple and the SEC submitted joint requests to halt proceedings or settle mutual appeals, leading to market optimism.
Importance: Any strong signal toward settlement or complete resolution of the case is considered a significant bullish catalyst for XRP, as it removes regulatory uncertainty.
XRP classification as non-security: Previous rulings in the case confirmed that XRP's software sales (to the general public) do not constitute a securities offering, which was a major legal victory for Ripple.
XRP exchange-traded funds (ETFs): There is increasing momentum around exchange-traded funds (ETFs) for XRP.
Progress: Approval of the first exchange-traded fund (ETF) for XRP has been reported, with its listing on the Nasdaq following SEC approval (according to some sources).
Flows: XRP ETFs have recently recorded significant net inflows (including a total net inflow of $12.84 million on December 4 according to SoSoValue data), indicating growing institutional interest.
