Five years later, the protracted trial of the US Securities and Exchange Commission (SEC) against Ripple finally ended.
According to the SEC Commissioner Hester Pierce, now the regulator can direct its efforts to create a clear regulatory framework for the American crypto industry.
Her position was supported by the chairman of the SEC Paul Atkins, who added to his post on social networks, that the agency will also focus on the development of innovation and the protection of investors.
It seems that the market is more interested in the approval of spotes ETF based on XRP. CANARY CAPATAL Director General Stephen McCleryg suggested that after launch they may surpass the achievements of Ethereum-ETF.
Its optimism was warmed up by speculations on the possible submission of an application for registration of XRP-ETF by BlackRock.
The president of Novadius Wealth Gerachi also expressed the opinion that BlackRock was waiting for the completion of the case before taking more serious steps.
By the way, this information was quite quickly refuted by the manager of the fund.
Bloomberg analysts James Separt and Eric Balchunas evaluate the likelihood of approval by the XRP-ETF Commission for Securities and Exchanges (SEC) in 2025 at 95%.
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Source: Cryptocurrency
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