The post Ripple Beats SEC; Now XRP ETFs Are Flooding In appeared on BitcoinEthereumNews.com.
TLDR: Ripple vs SEC officially ends after the court mandate, granting XRP legal clarity for investors and institutions. Grayscale, Bitwise, Franklin, 21Shares, and others filed updated S-1s for proposed spot XRP ETFs. Bloomberg’s James Seyffart confirmed updates stemmed from SEC feedback, calling it a positive but expected step. XRP ETFs amended to allow XRP or cash creations and both cash or in-kind redemptions. The crypto industry closed one chapter and opened another on August 22. Ripple’s long-standing legal fight with the U.S. Securities and Exchange Commission came to a decisive end. The U.S. Court of Appeals confirmed that the SEC withdrew its appeal, finalizing the case. That same day, a wave of asset managers filed amended documents for proposed spot XRP exchange-traded funds. The filings and the legal clarity together positioned XRP at the center of investor attention. Court Mandate Ends Ripple vs SEC X user Marco noted that the Second Circuit Court issued an official mandate confirming the SEC’s withdrawal. The order stated the appeal was withdrawn through stipulation, closing the case with no chance of further legal action. This marked the end of years of disputes that began when the regulator accused Ripple of selling unregistered securities. For Ripple, the case outcome meant XRP was not classified as a security under U.S. law. This resolution removed the overhang that clouded Ripple’s operations and investor confidence. With no pending litigation, Ripple could advance its global payments strategy without regulatory delays. Investors had waited years for clarity. Many saw this legal conclusion as removing one of the biggest obstacles for XRP’s broader adoption. With institutional hesitation tied to regulatory uncertainty, the mandate opened a path for utility-driven growth. The crypto community shared reactions across platforms. Marco described the day as historic, saying XRP had finally secured the clarity it needed…
