Nate Geraci: The Resolution of the Ripple-SEC Dispute Clears the Way for a Spot XRP ETF
Odaily Planet Daily News: Nate Geraci, President of THE ETF Store, stated that the resolution of the dispute between Ripple and the SEC has removed obstacles for a spot XRP ETF, as well as for BlackRock’s potential involvement.
Previously, Ripple Labs announced the withdrawal of its cross-appeal against the US SEC and will comply with the relevant terms previously determined by the court. This decision suggests that the multiple rounds of legal battles since the SEC filed a lawsuit against Ripple in 2019 may be coming to an end.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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