Ripple's legal resolution paves the way for the XRP ETF

According to Odaily, Nate Geraci, President of THE ETF Store, stated that the resolution of the dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) has paved the way for a spot XRP ETF and facilitated the participation of BlackRock. Ripple Labs recently announced the withdrawal of its cross-appeal against the SEC and will comply with previous court rulings. This decision marks the potential end of the legal battles that have been ongoing since the SEC sued Ripple in 2019.

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