Tl; Dr.
- After the recent delays from the US Securities and Exchange Commission, various archives for Ripple ETFs were updated by the companies behind them.
- The price of the Active has also established a remarkable recovery after the recent local soil, especially after yesterday’s update on the legal case against the Securities Regulator.
ETF updates
Remember that the SEC just earlier this week told a decision about various XRP ETF applications submitted by companies such as Bitwise, Canary, Coinshares and Grayscale. These entities responded quickly, according to Bloomberg’s ETF expert James Seyffart, because they have already updated their respective archives.
He believes that this is “almost certain” because of the feedback that the committee has received. The Cryptocurrency community is familiar with this process, because the BTC and ETF ETF -Emitents had to endure the same procedures before their respective funds saw the daylight. Consequently, Seyffart categorized these updates as a “good sign, but also usually expected.”
Bunch of XRP ETF reports that are updated today by Emencut. Almost certain due to feedback from sec. Good sign, but also usually expected pic.twitter.com/gisl1kc6lt
– James Seyffart (@jseyff) August 22, 2025
Fox Business’ Eleanor Terrett shared The message from Seyffart, adding that these updates “feel like” can now be done, because the new deadline for the SEC is set for October and is approaching quickly.
Sec legal case and xrp –
Ripple and the SEC still had an interaction yesterday. As reported, the second circuit ultimately approved the joint determination of the two parties of dismissal, which was submitted earlier in August. According to experts, this is probably the final step needed before the official conclusion of the case. The duo had also submitted such a resignation in the past, but Judge Torres first denied them.
The price of XRP immediately responded to the news yesterday. The active had fallen to a low of more than $ 2.80, but shot up to $ 3.10 within a few minutes. It is worth noting that it also benefited from the general market information after the Jackson Hole speech by FED chairman Jerome Powell.
Despite the fact that he has been somewhat tested since that local peak, XRP is still traded above $ 3.00, which has become a crucial support and supported support level.
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