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Ripple's Legal Wins and Trump's Election Propel XRP ETF Recognition

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by Giorgi Kostiuk

21 hours ago

Ripple's court successes and the anticipated Donald Trump election in 2024 are key factors influencing the SEC's acknowledgment of XRP ETFs.

Ripple's Legal Triumphs

After a prolonged legal battle with the SEC, Ripple achieved significant victories. Judge Analisa Torres recognized that retail XRP purchases aren't subject to securities regulations, improving XRP's market position.

XRP Market and 2024

Lawyer John Deaton noted that Ripple's court victories, combined with Donald Trump's projected 2024 election win, have positively altered the XRP market environment.

Ripple's legal victories and the projected Trump win in 2024 have transformed the XRP market environment positively.John Deaton

Future of XRP ETF

Major asset management firms received SEC approval to file for XRP ETFs, indicating further legitimacy for XRP as an investment tool, thanks to regulatory changes and Ripple's strategy.

Successful court rulings and changes in the US political landscape bolster XRP's market position and open new prospects for its development as an investment tool.

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