SEC

Current Situation
Currently, $XRP is trading
at a level of $2.03 after a noticeable decline in recent hours. The price has dropped from $2.08 to the current level, with high trading volume during the decline.
Current Influencing Factors
Positive News:
- Canada has become the second country in the world to approve an ETF for XRP currency.

Where Bloomberg now estimates the odds of approval at 95% $XRP .
The #الريبل currency could see a massive price increase if the Ripple exchange-traded funds attract even a portion of the capital that has been pumped into Bitcoin exchange-traded products.
Recently, Bloomberg's exchange-traded fund analysts, Eric Balchunas and James Seyfert, confirmed that they updated the approval odds for the Ripple exchange-traded fund to 95%. This has sparked more excitement about what that might mean for the price of Ripple.

Listen, the SEC is having a hot season again — they have started a public discussion of applications for the creation of ETFs related to cryptocurrencies XRP and Solana. Behind this is Franklin Templeton, a large investment company that wants to launch two cryptocurrency exchange—traded funds: the Franklin XRP ETF and the Franklin Solana ETF.
What's happening? It all started back in March, when the Chicago Board Options Exchange (Cboe BZX) submitted a request to launch these products. The SEC first took a break in April, and now it has officially announced the launch of a public comment period. This means that they are not making a decision yet, but simply collecting opinions and comments — and have given themselves another 35 days to think, until the end of July. But this is not the limit either — they can extend it again.
Why is this important? Because just recently, the SEC has already approved spot ETFs for bitcoin and ether, and now companies have rushed to apply for funds related to other crypto assets. Those who will be the first with XRP or Solana will get a big advantage. Therefore, other major players such as Bitwise, ProShares and 21Shares joined the game. They all feel that the moment is right.
There is one more nuance — the current leadership of the SEC, led by Paul Atkins (appointed by the Trump administration), is known for a more loyal attitude towards digital assets. This creates the prerequisites for a shift in regulation towards greater acceptance of cryptocurrencies at the institutional level.
But despite these positive signals, the fate of the XRP and Solana ETFs is not yet clear. The SEC may approve, delay, or even refuse altogether — especially considering that the status of these tokens is still controversial from a legal point of view.
And here's the question — do you think the SEC will continue to be cautious with crypto, or will it finally decide to give the green light to new ETFs?
#SEC #CryptoNewss #ETFs #SolanaETF

Analysts at Bloomberg increased the likelihood of XRP ETF approval to 95% by 2025, citing strong SEC engagement and current CFTC futures.
Bloomberg analysts James Seyfart and Eric Balchunas have raised the odds of approval for most crypto ETFs. XRP is now at the top.
According to the latest forecast, $XRP has a 95% chance of getting ETF approval in 2025. This is a jump from earlier expectations of around 75% or less.


The strong regulatory signal is the reason for the high approval difficulties of analysts.
The main reason for the change is the SEC's increased preoccupation with filings. This level of communication is a clear green light, according to analysts.

The list of assets gaining attention includes Solana, Litecoin, and Cardano. Each of these tokens now has a 90-95% approval forecast.
For $XRP , the filing was on January 30, 2025. Big firms like Grayscale, Bitwise, and Franklin are behind the effort. The SEC accepted the filing, and the deadline for a decision is October 17, 2025.
XRP is currently viewed by regulators as a commodity. This is another strong factor supporting its prospects.
Analysts also noted that XRP already has trading in futures regulated by the CFTC. This reflects the current regulatory framework, which helps ETF applications. Therefore, they are close to the green light for an XRP ETF.
Solana, Litecoin, and a few others are still sitting at 95% approval odds. These assets have multiple backings and initial filings.
Solana's final SEC deadline is October 10, 2025. Like XRP, it is also seen as a potential commodity with CFTC-regulated futures.
XRP ETF is nearing a certainty while SUI, Tron face.
Still, some assets are lagging behind. SUI and Tron are examples with lower approval odds or deadlines beyond 2025. SUI has only a 60% chance of approval, without the current futures market. Tron’s application is not due until 2026.
James Seifert also clarified the timeline in a follow-up post. The approval could come as early as this summer or wait until October or later. He said that it is now a question of when, not if.
The news signals growing institutional interest in a wide range of digital assets. XRP's rise to the top in approval odds is particularly noteworthy.
Once seen as a risky bet because of past legal battles, it now leads the pack. This shift reflects how quickly the regulatory mood has changed.
Approval is not guaranteed. But odds of around 95% are as close as it gets in today's crypto landscape. In an earlier report, The US may also approve a spot XRP ETF after Canada approved three $XRP ETFs.
Nate Geraci added momentum to ETF talks, agreeing that approvals in 2025 are highly likely. In particular,

Geraci believes BlackRock will join the race for Solana and XRP ETFs. According to him, if BlackRock were to step in, it could dramatically increase credibility and momentum. Institutional support like BlackRock could shape the entire ETF rollout phase.
#Xrp🔥🔥 #SEC #ETFs #CryptoNewss #Market_Update

Mark Feigl Says Ripple and SEC Are Moving to Modify Court’s Relief Order in Recent Motion
According to a recent X post by former SEC attorney Mark Feigl, Ripple and the SEC are seeking to modify the court’s order in the $XRP case.
Counsel noted that both parties envision increased relief through their joint motion for a directed verdict. He adds that while the court has paved the way for a settlement in the Ripple v. SEC case, the parties are causing the delay themselves.


Intent to Modify Relief in XRP Litigation
In a recent X post, former SEC attorney Mark Feigl offered valuable insight into the long-running $XRP case, revealing both parties’ intent to seek a relief modification. Specifically, Ripple and the SEC aim to revise the court-ordered remedy.

Recently, both parties filed for an indicative judgment in the Ripple v. SEC case, despite the court’s initial dismissal. And later, Ripple filed a supplemental letter to further promote the motion, emphasizing that dissolving the injunction would not exempt them from securities laws.
They would be required to follow the law regardless of the injunction. The proposed settlement, which includes a reduced fine, takes into account the risks of an appeal and would eliminate a lengthy litigation.
By granting an indicative ruling, Ripple would be placed on the same footing as other crypto firms whose cases have been dismissed by the SEC at its discretion.
According to Feigel, the court has already ruled on the matter, holding Ripple liable for hundreds of millions of dollars in unregistered XRP sales, which were classified as securities.
As a result, the judge imposed a $125 million fine and barred them from future violations. However, both Ripple and the SEC are now prolonging the case with the intention of amending the ruling.
Specifically, his thread comes in response to an X user's question about Judge Annalisa Torres' decision, where he questions why the case wasn't wrapped up sooner. Reacting to the question, Feigl wrote,
She did. She found Ripple illegally raised hundreds of millions of dollars from unregistered securities sales, penalized them $125m, and enjoined them from further violations. But now the SEC and Ripple are trying to get her to change the remedies she ordered.

Is the SEC responsible for the delay in the Replea case?
Further, while addressing doubts over the SEC's role in the delay in the Ripple case, Feigel asserted that the commission is not dragging out the case. Recently, $XRP attorney Bill Morgan also suggested that Ripple, rather than the SEC, is to blame for the delay in legal action. Morgan said,
Rather than cause the delay the SEC is actually bending over backwards to help ripple have the injunction dissolved. Ripple and the SEC would have settled months ago but for Ripple wanting to dissolve injunction.

Meanwhile, Feigel pointed out that the allegations were made in previous leadership during the Trump/Clayton era, long before Gary Gensler took office. He added that the case is now pending for a court decision. read his statement,
The charges were brought under Trump/Clayton, long before Gensler was appointed. And the SEC isn’t dragging anything out; the matter is before a judge for decision.

The SEC's appeal changed Ripple's stance.
XRP attorney Bill Morgan has been a vocal advocate and commentator in the Ripple v. SEC case since the case began. In his recent tweet, he shared insight into the SEC's new approach that led to the current developments in the Ripple case.
The statement follows Bill Morgan's recent prediction that the Ripple v. SEC case could be settled within weeks if the judge grants the joint motion.
Morgan believes that the SEC’s appeal changed everything in the XRP case. Without an appeal, Ripple could have accepted the court's decision. He said,
The SEC’s new policy towards enforcement has encouraged Ripple to seek more than it would have been satisfied with or lived with before the SEC filed its appeal.
#Xrp🔥🔥 #Ripple #SEC #Market_Update #MarketSentimentToday

📰✨ BREAKING: On June 17, the #Ripple filed a strategic petition to Judge Analisa Torres, aiming to close the case without further legal confrontation - and this could be HISTORICAL ❗
💰 WHAT IS HAPPENING ❓
FINE CUT IN HALF 📉
Reduction from $125M to just $50M
Agreement already reached with the SEC!
GENIUS STRATEGY 🧠
Align situation with other crypto players (Kraken, Coinbase, Consensys)
Same treatment for all!
🔥 WHY THIS IS REVOLUTIONARY
1. END OF THE ORDEAL ⚖️
5 YEARS of legal battle coming to an end
Decision may come out this summer
2. HISTORICAL PRECEDENT 📜
Defines the future of cryptos vs regulators
Other projects benefit
3. IMPACT ON PRICE 🚀
Favorable decision could trigger explosion of #Xrp🔥🔥
Market already reacting positively
⏰ CRITICAL TIMELINE
✅ By August 15: Deadline for decision
✅ If approved: Case closes in weeks
❌ If denied: Goes back to appeals court
🎯 POSSIBLE SCENARIOS:
BULL SCENARIO 🟢
Judge approves → Fine reduced → XRP 🚀
Favorable precedent for the entire crypto market
BEAR SCENARIO 🔴
Rejection → Case continues → More uncertainty
💡 TECHNICAL ANALYSIS
Specialist lawyer confirms: "This could be enough to change things"
Clear strategy: Equate Ripple to cases the SEC has already dropped
🚨 MARKET IMPACT
⪼ This decision does not only affect XRP - IT DEFINES THE FUTURE of how regulators will treat blockchain!
⪼ For XRP holders: Moment of maximum attention
For the market: Precedent that could unlock trillions
🔮 FORECAST: If approved, XRP could be one of the biggest opportunities of 2025 ❕
💬 What do you think ❓ Will Ripple finally be able to close this saga ❔
⚠️ Reminder: This is not financial advice. Always do your own research before investing in any crypto project
#SEC #CryptoNewss #CryptoNews🚀🔥

$XRP