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$XRP 📰 Latest XRP News and Legal Developments
The ongoing legal case between Ripple and the US Securities and Exchange Commission (SEC) remains the strongest and most influential driver of XRP's price:
Settlement or Resolution Signals (Previous Date): Previously, both parties were clearly moving towards resolving the legal dispute, as Ripple and the SEC submitted joint motions to halt proceedings or settle mutual appeals, which led to optimism in the market.
Significance: Any strong indication of a settlement or complete resolution of the case is considered a major bullish catalyst for XRP, as it removes regulatory uncertainty.
XRP Not Classified as a Security: Previous rulings in the case confirmed that programmatic sales of XRP (to the general public) do not constitute the issuance of securities, which was a major legal victory for Ripple.
XRP Exchange-Traded Funds (ETFs): There is growing momentum around XRP exchange-traded funds (ETFs).
Progress: The first XRP exchange-traded fund (ETF) has reportedly been approved and listed on the Nasdaq after SEC approval (according to some sources).
Inflows: XRP ETFs have recently recorded significant net inflows (including a total net inflow of $12.84 million on December 4 according to SoSoValue data), indicating increasing institutional interest.
💡 Summary:
The current focus is on positive legal developments that pave the way for regulatory recognition, especially with the emergence of ETFs that suggest potential integration of the token into traditional investment instruments, which could support its price in the long term#JoinGrowthPointsDrawToWiniPhone17 #AreYouBullishOrBearishToday? #CryptoMarketRebounds #BitcoinPriceWatch #ReboundTokenstoWatch