Ripple vs. SEC: Settlement Rejection and XRP ETF Implications The Southern District Court of New York's continued rejection of a settlement between Ripple and the SEC has sparked debate. Attorney Fred Rispoli believes this won't directly impede the approval of an XRP spot ETF. Rispoli stated that the court's decision doesn't alter XRP's secondary market status. He suggests the SEC's XRP sales ban is discretionary and the agency may choose not to enforce it. Focus on Regulatory Shift According to Rispoli, the focus should be on newly appointed Chairman Paul Atkins and whether he is ready to adopt a new strategy for regulating cryptocurrency. This could have a greater impact on the future of XRP and potential ETFs. The cryptocurrency community will be closely watching these developments. ```