Advertise
Anjali Belgaumkar
Anjali Belgaumkar
Author
Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.
Reviewed by:
Qadir AK
Reviewed
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
- Jun 17, 2025 06:34 UTC
-
Will XRP ETFs Be Delayed as Ripple Lawsuit Decision Moves to August?
Ripple and SEC pause appeal as court decides on reducing Ripple’s $125M penalty, delaying XRP ETF approvals in the U.S. until case ends.
Purpose Investments gets green light for XRP ETF in Canada, launching June 18, while U.S. investors await regulatory clarity.
The legal fight between Ripple and the U.S. Securities and Exchange Commission (SEC) feels like it’s never going to end. In the latest update, both Ripple and the SEC have filed a new report with the Second Circuit Court, asking to keep their appeal on hold while waiting for a decision from the district court.
Ripple is still trying to lower its $125 million penalty to $50 million and get rid of a court-imposed ban. But the judge didn’t approve it yet. Ripple has refiled, and now, everything is paused until the court makes its next decision. The next important update is expected by August 15, 2025.
What Does This Mean for XRP ETFs in the U.S.?
While the court battle continues, XRP investors are also waiting for news on XRP spot ETFs in the U.S. One of them is Franklin Templeton’s XRP Fund, which has a key deadline on June 17, 2025. But with the lawsuit still ongoing, the SEC is likely to delay its decision on this too.
ETF expert Nate Geraci recently predicted that BlackRock could file for Solana, XRP spot ETFs soon and Solana’s filing might happen any day now, and an XRP ETF application could follow once the Ripple-SEC case finally ends.
- Also Read :
- XRP Mid-Year Price Prediction: How High Could It Climb?
- ,
Most market experts have agreed in the past that this lawsuit has been holding back ETF plans for XRP in the U.S.
A Win for XRP in Canada
In better news for XRP fans, Purpose Investments is launching its Purpose XRP ETF in Canada after getting final approval from regulators.
The ETF will start trading on the Toronto Stock Exchange on June 18, 2025 under the tickers:
- XRPP (CAD-hedged)
- XRPP.B (CAD)
- XRPP.U (USD)
This fund will offer direct exposure to spot XRP and will be available for registered accounts like TFSAs and RRSPs.
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
FAQs
Ripple and the SEC have asked the Second Circuit Court to pause appeals until at least August 15, 2025, awaiting a district court decision on their proposed settlement.
The ongoing lawsuit is holding back U.S. XRP spot ETF approvals, with the SEC likely to delay decisions, including Franklin Templeton’s fund.
ETF expert Nate Geraci predicts BlackRock may file for an XRP spot ETF once the Ripple-SEC lawsuit is resolved.
Yes 
No 
