#TrumpBTCTreasury XRP News Today: ETF Deadline, Court Ruling Set Stage for Major XRP Price Move

By:

Bob Mason

Published: Jun 15, 2025, 02:43 GMT+00:00

Key Points:

• XRP price action hinges on Judge Torres’ ruling on Ripple-SEC motion ahead of ETF and appeal deadlines.

• John Deaton puts a 70% chance on the court granting Ripple’s motion to vacate the XRP sales injunction.

• Approval of the June 12 motion may lead to appeal withdrawals and reignite XRP’s push toward $3.55 highs.XRP Set For Volatility Spike as Court Ruling Looms

Amicus Curiae attorney and Crypto Law founder John E. Deaton discussed the second joint filing by Ripple and the SEC requesting an indicative ruling on settlement terms in the high-profile SEC vs. Ripple case. The parties filed the joint motion on Thursday, June 12, asking Judge Analisa Torres to give an indicative ruling on vacating the injunction prohibiting XRP sales to institutional investors and lowering the $125 million penalty.

The second filing faced scrutiny, coming after Judge Torres rejected the first due to procedural errors and weak arguments that a settlement would be in the best interest of the public and institutional investors