XRP ETF under threat? The lawyer in support of the interior explains the delay of the final ruling

XRP is closely monitoring the courts again after Judge Torres rejected a joint proposal from Ripple and SEC, which means that the lawsuit – which has been going on since 2020 – would continue.

The decision already cost XRP more than two billion dollars in the maximum market in just 24 hours. but Farid ReesboliThe lawyer who supports Ripple says, this last setback will not display XRP and ETF in danger – at least not direct.

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Rispoli does not believe that rejection will affect the XRP condition in the secondary market, which matters to ETF’s approval. Although the main headlines may make you think otherwise, it does not see any legal reason that prevents the irritable matter in the case from the Supreme Education Council from moving forward in Spot XRP ETF.

The matter confirms, which is only concerned if the Supreme Education Council wants to charge, and the committee can easily give up the restrictions or choose not to impose them. The big question, as it sees, is whether the new SEC tops are ready to change its approach.

backstage

He also said that there are signs that Ripple and SEC are moving towards a quiet settlement, and perhaps for a reduced fine and with changing institutional sales practices. It would keep Torres’s original rule in place while relieving regulatory tension.

Ripple has already made changes, as his legal team has now called for previous violations “historical institutional sales”, indicating that they are trying to remove current operations from previous practices.

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ETF analyzes feel satisfied. Eric Balunas and James Sevart of Bloomberg recently said that the possibilities of XRP, Solana and Litecoin Spot ETF, which were approved in 2024, exceed 90 %, indicating that SEC is more involved with potential exporters.

If this continues, Rispoli may be correct: ETF option is still on the table, even with all legitimate back and forth.