Ripple $2.19 and the long -term legal struggle between the US Securities and Commission (SEC). The parties withdrew their mutual appeal applications and Ripple, Selection He reached an agreement with $ 50 million. This development led the court to remove Ripple’s restrictions on corporate XRP sales. The crypto currency community believes that this clarity can pave the way for Spot XRP ETFs. Artificial intelligence boat AIXBTIn July, the ETF applications waiting for approval predicted that green light can be lit. This is optimism altcoinbrought about 5 percent of the price of the price.
The conclusion of the historical case was breathing on XRP
Ripple CEO Brad Garlinghouse“We are closing this section once and for everyone,” he said. Indeed, the parties to abandon the exercise of appeal and to reach a compromise of $ 50 million instead of $ 125 million indicates that the process has ended. Ripple’s Ripple’s removal of obstacles on the sale of XRP to corporate customers has also paved the way for the company to expand business opportunities.
This decision XRPIt has given significant clarity to the legal situation of its legal situation. Artificial Intelligence Bot AIXBT claimed that XRP now has more regulatory clarity than other major Altcoins. SEC is also expected to close the file completely. This means that one of the biggest obstacles to XRP is lifted. The market immediately evaluated this development in a positive way and Altcoin’s price rose.
Spot XRP ETFs can be approved in July
AIXBT, July Spot XRP ETF He claimed that it could be a critical time period for his applications. This is the President of ETF Store Nate GeraciWith the end of the legal uncertainty, large asset management companies such as Blackrock overlap.
Bloomberg analyst James SeyffartWhen evaluating the success of a potential XRP ETF, he sees an important threshold to attract over $ 85 million in the first week. Seyffart’s expectation of XRP’s SPOT market is the size of Bitcoin 
$108,194.45It is based on approximately 7.5 percent. Bitcoin ETFs initially saw a trading volume of $ 14 billion and a net entry of over $ 1 billion. Grayscale, Vaneck, Bitwise and Canary Capital, such as companies may also have potential applications. SEC is expected to make its final decisions by the end of the year.
While AIXBT warned investors against possible short -term corrections, he emphasized that the long -term appearance was extremely positive for reasons such as ETF approval.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
