Ripple v SEC Case Appeals Frozen as XRP ETF Expectations Rise

Ripple’s (XRP) case with the US Securities and Exchange Commission (SEC) has been paused for 60 days after US courts allowed both parties to freeze their appeals as the case comes to a close.

With appeals paused, the SEC is due to offer a status update on the settlement by June 2025, with many investors also expecting XRP ETFs to be approved in the meantime.

After a year-long legal battle, appeals being frozen indicate that the end to the Ripple v SEC case is very close, at least officially, despite Brad Garlinghouse’s claims that it is well and truly over.

Ripple vs SEC is coming very close to officially ending

With the SEC due to file a status report by June 2025, the SEC and Ripple have both paused their appeals at the request of both parties. The case is now “in abeyance.”

Cases paused, Ripple and the SEC are now able to settle the case officially, with a potential out-of-court settlement not mentioned in recent documents. 

Investors in the cryptocurrency markets have been aware of Ripple’s $125 million fine, which has been reduced to $50 million. The original fine had been issued by NY Judge Torres, a cumbersome addition to the case.

With the appeals paused, the case, now lasting five years, is due to come to an official close. Upon the case being settled, investors and analysts are expecting Ripple to begin expanding rapidly throughout the US with Ripple Payments.

XRP ETFs are also overdue after multiple investment firms such as Franklin Templeton, Bitwise, 21Shares, Greyscale Investments, and Canary Capital all filed for XRP exchange-traded product launches. 

Ripple XRP global expansions in 2025

Ripple has already begun expanding outside of the US, where jurisdictions are unlike its home turf. Most recently, Ripple partnered with Portugal’s Unicâmbio to offer near-instant cross-border transactions between Brazil and Portugal.

XRP has also secured a payments license in Dubai, allowing Ripple to offer cryptocurrency payment services and more with institutional clients based in the region and along with other businesses. 

According to Ripple’s recent statements and a UK policy meeting led by Ripple, the company aims to expand in the US and UK markets very soon, a feat which will be made a lot easier once the SEC has officially settled their case.