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SEC's Ripple Lawsuit Resolution Sparks Anticipation for XRP ETF Approval

The crypto market is buzzing with developments as new ETF launches unfold, yet XRP remains in limbo.

Despite recent approvals for other assets, the SEC has yet to greenlight an XRP spot ETF, raising questions among investors.

Bloomberg analyst James Seyffart noted that recent SEC guidance might have facilitated approvals for other ETFs, indicating a window that XRP has yet to exploit.

Attorney Bill Morgan has stated that the delays surrounding XRP's ETF are unrelated to the ongoing government shutdown, emphasizing a troubling pattern of delays tied to Ripple's history with the SEC.

Morgan recalled the lengthy litigation Ripple faced with the SEC, which concluded in August 2025, leaving many expecting the approval of XRP's ETF shortly thereafter.

In a related statement, SEC Chair Paul Atkins expressed optimism, highlighting a shift towards crafting regulatory frameworks rather than pursuing enforcement actions.

Ripple executives, including the CTO, responded to the SEC's comments with humor, even as XRP's price saw a notable decline post-settlement.

Analysts believe that with the SEC lawsuit resolved, XRP could aim for significantly higher price targets, drawing on a bullish pattern identified last year.

However, the lack of clarity regarding XRP's ETF application process continues to perplex the market.

As the landscape evolves, the push for an XRP ETF remains a focal point for investors and industry stakeholders alike.