The XRP community is on edge as key decisions loom over the potential approval of several XRP exchange-traded funds (ETFs).
If any of these ETFs are approved, analysts say it could significantly boost XRP’s price and mainstream adoption. However, uncertainty remains on another major front: the ongoing Ripple vs. SEC legal battle.
Recently, rumors began circulating that Ripple and the U.S. Securities and Exchange Commission (SEC) had reached a quiet settlement, only waiting on judicial approval. But that speculation has now been put to rest by Marc Fagel, a former SEC attorney. Fagel explained that while a tentative deal might have been reached between both parties, the judge overseeing the case has not signed off.
According to Fagel, the court has asked for further justification before agreeing to any proposed changes. “It’s not actually settled,” he clarified. “The parties may have entered an agreement, but implementing the settlement requires court action. And the court indicated it would not simply do what the parties asked without further briefing.”
In short, both the XRP ETF rulings and the lawsuit outcome are still pending. Until official announcements are made, investors and XRP supporters will need to watch closely for any updates. The coming weeks could prove pivotal for the token’s legal clarity and market trajectory.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/xrp-awaits-crucial-etf-decisions-as-settlement-talks-stall/