Ripple XRP Legal Battle: Nearing the End

The Ripple versus SEC saga is finally winding down in 2025. Five years of legal wrangling. XRP holders can breathe easier now as regulatory fog lifts. Both sides seem ready to settle their differences, creating what might become a landmark case for digital assets in America.

This isn't just about XRP anymore. It's bigger. The whole crypto regulation landscape is shifting, especially with new SEC leadership that seems more crypto-friendly.

Key Points

• Legal Picture Clearing Up: XRP's status looks better defined now. Ripple must file their appeals brief by April 7, 2025. Five years of uncertainty might finally end.
• ETF Rush: 11 major firms want XRP ETFs. Bloomberg thinks there's a 95% chance they'll get approved this year.
• Price Explosion: XRP smashed past $3.40 in July 2025! First time breaking its old record in seven years with crazy 480% monthly gains.
• Wall Street Moves In: ProShares launched an XRP ETF in July 2025. First SEC-approved XRP product. Spot ETFs probably next.
• Regulation Shift: SEC Chair Paul Atkins kicked off 'Project Crypto' to remake the rules. Big change from the old approach.
• Market Activity: Whales gobbled up 310 million XRP tokens (worth about $1 billion). Shows some serious confidence despite price swings.

XRP vs. SEC: From 2020 Lawsuit to 2025 Resolution

December 2020: Battle Begins

SEC dropped its lawsuit bomb on December 22, 2020. Last day of Trump's administration. They claimed Ripple raised $1.3 billion selling unregistered securities.

XRP crashed. Lost 60% in days. Billions gone. Just like that.

July 2023: Judge Torres Changes Everything

Judge Analisa Torres kinda shocked everyone. She ruled XRP wasn't a security when sold on public exchanges. But she still found Ripple's $728 million institutional sales violated securities laws.

Half-victory for Ripple. Big deal for crypto generally. First time a court said tokens might be different things depending on how they're sold.

2025: New Rules Under Atkins

April 2025: Leadership Shakeup

Trump picked Paul Atkins to head the SEC. Gensler out. Atkins in. He's crypto-friendly, it seems. The approach to regulation? Totally different now.

July 2025: ETF Breakthrough

SEC gave ProShares the green light for an XRP ETF. It's a 2x leveraged futures fund on NYSE Arca. First of its kind.

April 7, 2025: Big Day Coming

Ripple's appeals answering brief due April 7. Crucial moment. This could be it. The end might be near.

XRP ETFs: 11 Applications and Market Ripples

ProShares Makes History

July 2025 wasn't just another month. ProShares Ultra XRP ETF got approved. Symbol: UXRP. The SEC actually okayed an XRP product!

It's futures-based, not spot. But that's how Bitcoin ETFs started too. Pattern looks familiar.

ETF Gold Rush: Everyone Wants In

The lineup is impressive:

• Grayscale: Wants to transform their $2.1B XRP Trust (Decision: October 18)
• Franklin Templeton: Going for cheap with 0.15% fees
• Bitwise: First to file back in October 2024
• 21Shares: Verdict coming October 19
• WisdomTree: Waiting until October 20
• Canary Capital: Final word by October 24

Bloomberg folks are pretty confident. 95% chance of approval this year, they say. Institutional players seem to agree.

Canada Already There

While America deliberates, Canada just did it. Three spot XRP ETFs launched in June on the Toronto exchange. Symbols: XRPQ, XRPP, XRP. North of the border, they're not waiting around.