A legal expert has confirmed that the Ripple vs. SEC lawsuit will not impact the approval of an XRP exchange-traded fund (ETF). The expert clarified that the ETF approval process follows its own timeline and is separate from the lawsuit. The lawsuit primarily focuses on specific XRP sales by Ripple and does not present a legal barrier to ETF approval. Recent filings by Nasdaq and CoinShares for XRP and Litecoin ETFs have generated optimism among investors, signaling increasing interest from institutions. The price of XRP rose by 3% in response to these developments, and there are predictions of a long-term rally to $6.
Content Editor ( cryptonewsland.com )
- 2025-02-12
XRP Lawsuit Unlikely to Hinder ETF Approval as Nasdaq Moves Forward
