Key Developments
- •Regulatory delays are hindering the approval of an XRP spot ETF, even after Ripple's legal victory against the SEC.
- •Legal experts point to recurring hold-ups as a significant obstacle to XRP's progress in financial markets.
- •Institutional interest in XRP is reportedly growing amidst anticipation for ETF approval.
Australian attorney Bill Morgan has voiced criticism regarding regulators' delays in approving an XRP spot ETF, particularly in the wake of Ripple's recent legal triumph over the Securities and Exchange Commission (SEC). These remarks have generated concern within the cryptocurrency community.
Morgan's statements draw attention to the persistent regulatory challenges that XRP continues to face. These ongoing issues are impacting market confidence and tempering expectations for ETF approval, despite a notable increase in institutional interest following the resolution of Ripple's legal battle.
XRP Spot ETF Navigates Legal Hurdles Post-SEC Win
The path to approval for an XRP spot ETF is encountering significant regulatory delays, notwithstanding Ripple's successful legal outcome against the SEC. Legal professionals observe that these persistent hold-ups are reminiscent of previous regulatory challenges faced by XRP, highlighting ongoing market barriers.
Attorney Bill Morgan has expressed dissatisfaction with the unexpected delays surrounding XRP, reflecting a broader frustration within the industry. Ripple's victory in August 2025 had initially fueled optimism for a swift ETF approval; however, these delays continue to persist.
"At least we know now it’s not because of the lockdown given the other approvals today. The reason is not yet public but there seems to always be unexpected delays with XRP... Remember the SEC lawsuits. The one against Ripple was the last one to be resolved. The litigation itself lasted four and a half years." — Bill Morgan, Attorney
Market Sentiment Affected by Ongoing XRP Delays
The continued delays are demonstrably impacting market confidence, with fluctuations in XRP's price suggesting investor unease. Despite this, institutional investment into XRP has seen an increase, largely attributed to the anticipation of ETF approval and a rise in overall market participation.
The financial implications of this situation are substantial, as the ongoing regulatory uncertainty could potentially impede the broader adoption of XRP. These delays have also ignited criticism from within the crypto community, raising questions about transparency in regulatory processes.
Crypto ETFs Face Persistent Approval Obstacles
The approval processes for Exchange Traded Funds (ETFs) involving cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) have historically encountered similar delays. These past instances underscore the persistent difficulties in securing timely regulatory clearance for crypto-based ETFs.
Experts suggest that the prolonged regulatory journey for XRP could lead to further market volatility and delayed institutional support. Historical precedents indicate a potential pattern in how regulatory bodies handle such applications.