Ripple CLO praises SEC chair’s shift, fueling hopes that the long-running XRP lawsuit may finally be nearing its end.
The SEC Chief has received appreciation from the Ripple CLO amid recent policy changes.
This shows that the XRP litigation might finally be coming to an end.
In addition, experts are wondering about whether regulatory trends are shifting not only for Ripple but also for the larger crypto business.
Ripple CLO Alludes To SEC Modifying Its Position
Stuart Alderoty, Ripple CLO, recently commended SEC Chair Atkins in an X post for departing from the previous administration’s tough enforcement approach.
Alderoty claims that the previous leadership contributed to the offshoreing of crypto innovation.
Chair Atkins knows the prior administration pushed crypto companies offshore. He’s now focused on clear, tailored standards —and drawing firm lines to curb SEC overreach.
Ripple CLO’s comments followed the SEC’s “Project Crypto” debut. The goal of this project is to modernize on-chain finance securities regulations.
The SEC’s policy staff was directed to work with Commissioner Hester Peirce’s Crypto Task Force to provide clear and helpful guidance in this new instruction.
According to the SEC Chair, most cryptocurrency assets are not securities.
He directly contested the overuse of the Howey Test, which had previously classified almost all tokens as such.
The SEC’s change in tone has sparked fresh rumors that the XRP case might be coming to an end shortly.
Whether the SEC will now move to dismiss its appeal in the case against Ripple has been brought up by renowned attorney Bill Morgan.
The agency may drop its previous litigation stance as policy winds change.
Interestingly, former SEC lawyer Marc Fagel said he was sure that Ripple and the SEC could seek to drop their appeals before the status report deadline of August 15.
The XRP community eagerly awaits confirmation, even though nothing is official yet.
Changes In Policy Make Ripple Case Stronger
According to recent SEC regulatory moves, the XRP litigation might soon end.
XRP is one of the top assets in both significant cryptocurrency funds under scrutiny by the Commission: Bitwise Crypto Index Fund and Grayscale’s Digital Large Cap (GDLC) Fund.
Spot XRP ETFs may become a reality due to the SEC’s request for public comment and its deadline of August 22.
This would open up new institutional channels for the asset.
Meanwhile, the Trump administration has rolled out a long-awaited digital asset report. The 166-page document outlines a vision for America to lead the “Golden Age of Crypto” by promoting a regulatory environment that encourages innovation rather than stifling it.
Another regulatory milestone was the SEC’s acceptance of in-kind redemptions for Ethereum and Bitcoin ETFs, aligning them with gold-based ETPs.
The decision differs from previous rules that only allowed cash redemptions. This indicates that the Commission is prepared to modernize its digital asset framework.
As the XRP litigation closes, the regulatory landscape shifts toward clarity and cooperation.
Whether the appeal is formally denied in August will soon be known.
