XRP News Today: XRP Rallies on ETF Buzz as SEC Appeal Withdrawal Comes into Focus
By Bob Mason | Updated: July 13, 2025, 20:59 GMT
XRP has witnessed a robust rally this week, climbing 21.61% amid growing market optimism surrounding the potential withdrawal of the U.S. Securities and Exchange Commission’s (SEC) appeal in the Ripple case and hopeful signs for the approval of an XRP spot Exchange-Traded Fund (ETF). This rally has seen XRP outperforming major cryptocurrencies including Bitcoin (BTC) and Ethereum (ETH), as investors anticipate regulatory clarity and fresh avenues for institutional investment.
XRP Sustains Five-Day Winning Streak
XRP extended its winning run to five consecutive trading days, closing Saturday, July 12, at $2.7379 after a modest 0.20% gain. This followed a notable 7.31% surge on Friday, though the token remains just shy of its July 11 peak of $2.9727. Over the week, Bitcoin increased 6.85% and Ethereum rose 14.68%, both trailing behind XRP’s stronger performance. Meanwhile, the broader cryptocurrency market edged slightly lower by 0.16%, its total capitalization resting at approximately $3.61 trillion.
Pro-crypto attorney Bill Morgan highlighted the standout nature of XRP’s advance in the current market environment, noting:
“Despite monumental inflows into Bitcoin and Ethereum ETFs such as BlackRock’s iShares Bitcoin Trust and Ethereum Trust, XRP is currently outperforming these leading assets even without having a spot ETF approved yet.”
ETF Buzz and SEC Appeal Withdrawal Drive Optimism
Market enthusiasm is fueled by persistent rumors that the SEC may withdraw its appeal against a lower court ruling favoring Ripple’s programmatic sales and ongoing hopes for the approval of XRP spot ETFs. Such developments would mark significant regulatory milestones, potentially unlocking large-scale institutional investments that have so far been constrained.
Polymarket, a popular prediction market platform, has significantly raised the odds of XRP spot ETF approval by December 2025 to 88%. This marks an increase from 75.9% back in late June, although it represents a slight pullback from a peak projection of 90.5% earlier in July. These changing probabilities reflect the market’s sensitivity to regulatory announcements and developments concerning Ripple’s legal battle and ETF frameworks.
BlackRock and Grayscale Influence ETF Expectations
Last week’s substantial capital inflows into established crypto ETFs underscore the market appetite. BlackRock’s iShares Bitcoin Trust saw net inflows of approximately $1.76 billion for the week ending July 11, ranking second on the weekly inflow table. Their iShares Ethereum Trust also attracted solid demand, ranking sixth.
Notably, these inflows highlight the groundbreaking impact that BlackRock’s filings and potential moves to launch an XRP spot ETF could have on demand. BlackRock met with the SEC Crypto Task Force in May to discuss ETF approval standards, signaling its commitment to expanding crypto-related investment products.
Meanwhile, Grayscale’s path to an ETF has been more complicated. On July 1, the SEC approved a rule change allowing the conversion of Grayscale’s Digital Large Cap Fund (GDLC)—which includes BTC, ETH, ADA, SOL, and XRP—into an ETF. However, the SEC quickly issued a stay order delaying the actual launch, citing the need for a comprehensive framework to standardize and accelerate crypto ETF approvals. Grayscale has contested the SEC’s delay order as of July 11, drawing further market focus.
A lifting of this stay could set the precedent for faster approval processes, potentially benefiting an XRP spot ETF application. Investors are watching closely, as regulatory clarity here could unlock stronger price momentum for XRP.
Technical Outlook: Bullish Momentum Amid Cautious Overbought Signals
From a technical standpoint, XRP’s price action remains firmly bullish. The token trades comfortably above its 50-day and 200-day Exponential Moving Averages (EMAs), classical indicators of positive momentum.
Key resistance awaits at the July 11 high of $2.9727; a decisive breakout here may target the January 2025 high near $3.40 and potentially the historic all-time high of $3.55 set back in 2018. However, the Relative Strength Index (RSI) at 79.71 signals that XRP is currently in overbought territory, suggesting buying pressure may encounter resistance and possible pullbacks before a sustained rally.
On the downside, a drop below $2.60 could test the 50-day EMA support, a key level for maintaining the current uptrend.
Broader Market Factors and Outlook
XRP’s trajectory remains highly sensitive to external catalysts, especially the ongoing legal saga with the SEC and evolving regulatory stances on cryptocurrency ETFs. Positive developments, such as the SEC withdrawing its appeal or formalizing crypto ETF frameworks, could spark significant rallies, with some analysts eyeing moves toward $5 if XRP spot ETFs gain approval.
Conversely, any delays or negative signals could temper enthusiasm and apply downward pressure on price momentum.
Macro-economic headwinds, including global trade tensions and monetary policy shifts by the Federal Reserve, also continue to influence broader crypto sentiment.
Conclusion
XRP is currently riding a wave of positive sentiment fueled by regulatory optimism around the SEC’s appeal and potential ETF approvals. Market participants should closely monitor forthcoming SEC decisions and regulatory announcements, which will play pivotal roles in shaping XRP’s price action in the near term.
For investors and traders eyeing XRP, these developments represent critical inflection points with the potential to redefine the token’s role in mainstream financial markets.
About the Author:
Bob Mason brings over 28 years of experience in the financial industry, working with leading global rating agencies and multinational banks. He specializes in covering currencies, commodities, alternative asset classes, and global equities, with a focus on European and Asian markets.
For more expert analysis on XRP and upcoming SEC deadlines, visit FXEmpire’s XRP coverage.