Ripple-SEC Ruling Looms, ETF Demand Climbs
The market focus returned to the SEC vs. Ripple case on Tuesday, May 6, spotlighting $XRP XRP. Ripple CEO Brad Garlinghouse shared the Q1 2025 quarterly report, stating: "Q1’25 was an incredible quarter for Ripple, with our acquisition of Hidden Road and end to the SEC case, not to mention institutional interest in XRP ETPs globally.”
While ending the quarterly report, Garlinghouse assured stakeholders that Ripple would maintain transparency; continuing to disclose its XRP holdings on its website and deliver updates via social media.
Key takeaways from the final XRP Markets Report include:
📍Ripple and the SEC reached an agreement to end the lawsuit, subject to a Commission vote.
📍Ripple acquired Hidden Road for $1.25B to scale XRPL and RLUSD adoption.
📍Institutional demand rises for XRP-based investment products. Teucrium’s 2x Long Daily XRP ETF launched with $5 million in trading volume, placing it among the top 5% of new ETF launches.
📍US policy shift signals more clarity, more opportunity.
