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Cryptocurrency News Articles
There’s a lot of buzz in the crypto world right now about XRP
May 25, 2025 at 05:40 pm
Many people online are speculating that the U.S. Securities and Exchange Commission (SEC) might soon approve several XRP spot ETF applications.
The crypto world is buzzing with anticipation as the U.S. Securities and Exchange Commission (SEC) edges closer to making crucial decisions on several XRP spot ETF applications.
Several major companies, including Bitwise, Grayscale, Franklin Templeton, and 21Shares, have already submitted their applications to list XRP ETFs on the New York Stock Exchange.
The first major date to watch is June 17, 2025, when the SEC is expected to decide on Franklin Templeton’s spot XRP ETF. Other application decisions are also lined up — Grayscale’s deadline was May 21, 2025 and Bitwise is waiting for a decision on May 25, 2025.
The crypto community is eagerly awaiting these decisions because they could significantly impact XRP’s price and popularity.
However, another rumor that has been circulating is that the SEC and Ripple have finally reached a settlement in their long-standing legal case.
But former SEC attorney Marc Fagel has now interjected to clarify that the judge shot down the request for a joint stipulation of dismissal from both Ripple and the SEC.
“It’s not actually settled. 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.”
According to Fagel, while both sides may have agreed on a deal, it’s not official yet. The court wants them to explain why it should change the decision it had already made.
“It’s not actually settled. 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 decisions and the Ripple lawsuit situation are still up in the air. Crypto fans will need to stay tuned for the official updates in the coming weeks.
Disclaimer:info@kdj.com
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