XRP Legal Victory CHANGES Everything!

Jake Claver

We know from the SEC vs. Ripple case that XRP is not considered a security in and of itself. Because of this, there's a strong chance we could see the SEC approve the S-1 filings for XRP-based ETFs even faster. While there's been an appeal in the Ripple case and a cross-appeal from Ripple, it doesn’t affect the ruling that XRP isn't a security.  With XRP already positioned as a settlement currency for financial institutions and the potential for huge inflows through ETFs, we could be looking at a perfect storm for price appreciation. 📈

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00:00But we know for a fact, because of the case between the SEC and Ripple, that XRP is not a security in and of itself.

00:09So because of that, I think that we could see approval of the S1s by the SEC faster.

00:16Now, we did get an appeal from them in the Ripple case here recently, and then the cross appeal from Ripple.

00:22So that still doesn't allow them to come after the ruling for XRP, though.

00:29And so because of that, I think that they would still be obligated to approve that S1, even if that lawsuit drags out.

00:36So with XRP already being positioned as a settlement currency for financial institutions, combined with the fact that ETFs would have huge inflows, we're looking at a perfect storm for price appreciation.

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