Ripplen-Lechtsreit ended: Opportunities for approval of an XRP ETF increase to 86 percent

<p> <strong> Ripplen-Lechtsreit ended: Opportunities for approval of an XRP ETF increase to 86 percent </strong> </p>

End of the Ripple legal dispute increases opportunities for XRP-ETF

The end of the legal dispute against Ripple has made its way for a stock market product of the XRP (XRP) cryptocurrency. The crypto community is optimistic and estimates the chance of approval of an XRP Exchange-Traded Fund (ETF) to 86 percent. But how realistic are these expectations?

ripple and the legal dispute with the sec

Ripple has finally left a long -term legal dispute with the American Securities and Exchange Commission (Sec). The SEC has withdrawn its charges and Ripple did not call. A preliminary comparison was achieved that finally ends the lengthy case after approval.

The legal dispute had floated over the years over XRP like a dark cloud. The SEC had classified the cryptocurrency as "securities", which means that Ripple had sold it without the appropriate registration and thus violated the United States' law. This classification had significant consequences: Applications for XRP ETFs could not be approved because XRP could not be regarded as a raw material such as Bitcoin (BTC) or Ethereum (ETH).

With the conclusion of the legal dispute, it is now possible to rethink the categorization of XRP.

increasing opportunities for approval of an XRP-ETF

The positive outcome of the legal dispute has increased the hope of an XRP ETF. Traders on the online top platform Polymarket estimate the opportunity to approved an XRP ETF to 86 percent for 2025. This means that 86 percent of users bet on this result accordingly, with almost $ 60,000 being used.

Although Polymarket is a betting platform, the predictions in the past have proven to be quite precise. According to Dune Analytics, about 94 percent of these predictions were correct four hours before the deadline.

course development of XRP

Despite the positive developments and enthusiasm within the Ripple community, this is only moderately reflected in the course of XRP. After the report on March 19, the course initially rose by 10 percent, but quickly stabilized again.

Analysts are optimistic despite the restrained price development and predict a bullish (positive) future for XRP. The approval of an XRP ETF could serve as a catalyst for a possible price rally.

Overall, the XRP community looks hopefully into the future, while it is waiting for the approval of an ETF that would be a significant milestone for the cryptocurrency.