#XRPETF

XRP Holds as SEC Chair Atkins Signals Pro-Crypto Stance

The US Securities and Exchange Commission held a crypto roundtable on Friday, April 25, marking SEC Chair Atkins’ first public address since assuming office. His speech drew significant market interest, particularly in light of the SEC’s recent U-turn on regulation through enforcement.

SEC vs. Ripple: Legal Limbo Continues

Despite the regulatory shift, the SEC has remained silent on the Ripple case, leaving XRP in a holding position. On April 10, the SEC and Ripple jointly filed a motion to pause the appeal challenging the Programmatic Sales of XRP ruling, citing an agreement to settle.

Investors now await the SEC’s next court move: a possible request for Judge Analisa Torres to vacate her injunction prohibiting XRP institutional sales and lower Ripple’s penalty. Judge Torres’ ruling on a settlement could be crucial. If Judge Torres denies the motion, Ripple may pursue its cross-appeal, forcing the SEC to progress with its appeal.

XRP Market Outlook: Legal and ETF Factors in Focus

XRP fell 1.03% on Friday, April 25, following Thursday’s 0.61% loss, closing at $2.1825. The token underperformed the broader crypto market, which gained 0.57%, taking the total crypto market cap to $2.91 trillion. The divergence highlights lingering uncertainty surrounding the Ripple case.

Looking ahead, key price drivers include a potential Ripple-SEC settlement, growing optimism over an XRP-spot ETF, and broader macroeconomic forces such as Fed policy and U.S.-China trade development

Bitcoin Breaks Crucial $95k on US-China Trade Optimism

While XRP struggled, easing US-China tensions drove bitcoin (BTC) to $95,000. Despite Beijing denying claims of trade negotiations, President Trump’s softer stance on China lifted risk sentiment. The Nasdaq Composite Index advanced 1.26%, extending its winning streak to four sessions. Risk-on sentiment left gold down 0.89% at $3,319.

Market intelligence platform Santiment remarked on the shift in market mood,

Key Points:

XRP steadies as SEC Chair Atkins pledges end