Ripple Drops SEC Appeal, Clearing Path for XRP ETF and BlackRock Interest

Ripple has officially dropped its cross-appeal in the high-profile SEC lawsuit, a move that signals the long-running legal battle may finally be over. With the SEC expected to follow suit, this development provides long-awaited regulatory clarity for XRP, positioning it as the first major crypto asset with a clean legal slate in the U.S. The resolution opens the door for a spot XRP ETF — a prospect gaining momentum across the market.

Artificial intelligence market analyst AIXBT recently forecasted that ETF filings for XRP could emerge as early as July. This aligns with growing speculation from industry voices like Nate Geraci, President of The ETF Store, who believes the legal closure could bring major institutions such as BlackRock into the picture.

XRP’s price spiked 5% following confirmation from Ripple CEO Brad Garlinghouse, who declared that the company was “closing this chapter once and for all.” With regulatory uncertainty now resolved, XRP appears primed for institutional adoption and ETF integration — a significant shift that could redefine its market role.

Still, short-term volatility remains a concern. AIXBT cautioned that overleveraged long positions could trigger price swings as traders react to the news. Despite this, the long-term trajectory looks increasingly favorable, particularly with July shaping up as a key moment for potential filings.

As the crypto world watches closely, the possibility of BlackRock’s involvement and a greenlighted XRP ETF may transform Ripple’s token from a regulatory outcast to a Wall Street favorite. With the legal hurdles seemingly behind it, XRP could soon emerge as the next major player in the crypto ETF arena.